306,319 Shares in iShares Russell 1000 Value ETF $IWD Acquired by Independence Asset Advisors LLC

Independence Asset Advisors LLC bought a new position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 306,319 shares of the exchange traded fund’s stock, valued at approximately $59,496,000. iShares Russell 1000 Value ETF accounts for approximately 37.0% of Independence Asset Advisors LLC’s holdings, making the stock its biggest position. Independence Asset Advisors LLC owned 0.10% of iShares Russell 1000 Value ETF at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. American National Bank & Trust increased its holdings in iShares Russell 1000 Value ETF by 8.1% during the 2nd quarter. American National Bank & Trust now owns 4,768 shares of the exchange traded fund’s stock valued at $926,000 after purchasing an additional 358 shares in the last quarter. Apollon Wealth Management LLC increased its holdings in iShares Russell 1000 Value ETF by 0.8% during the 2nd quarter. Apollon Wealth Management LLC now owns 13,685 shares of the exchange traded fund’s stock valued at $2,658,000 after purchasing an additional 106 shares in the last quarter. Falcon Wealth Planning increased its holdings in iShares Russell 1000 Value ETF by 6.5% during the 2nd quarter. Falcon Wealth Planning now owns 1,166 shares of the exchange traded fund’s stock valued at $226,000 after purchasing an additional 71 shares in the last quarter. Builder Investment Group Inc. ADV acquired a new stake in iShares Russell 1000 Value ETF during the 2nd quarter valued at $205,000. Finally, ST Germain D J Co. Inc. increased its holdings in iShares Russell 1000 Value ETF by 62.4% during the 2nd quarter. ST Germain D J Co. Inc. now owns 2,851 shares of the exchange traded fund’s stock valued at $554,000 after purchasing an additional 1,095 shares in the last quarter. 84.93% of the stock is owned by institutional investors and hedge funds.

iShares Russell 1000 Value ETF Price Performance

IWD stock opened at $202.84 on Friday. The business has a fifty day moving average price of $201.66 and a 200 day moving average price of $192.90. iShares Russell 1000 Value ETF has a fifty-two week low of $163.19 and a fifty-two week high of $206.01. The stock has a market capitalization of $64.15 billion, a price-to-earnings ratio of 18.83 and a beta of 0.95.

iShares Russell 1000 Value ETF Profile

iShares Russell 1000 Value ETF (the Fund), formerly iShares Russell 1000 Value Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the large capitalization value sector of the U.S. equity market, as represented by the Russell 1000 Value Index (the Index).