1,323 Shares in iShares Russell 1000 Value ETF $IWD Acquired by Facet Wealth Inc.

Facet Wealth Inc. purchased a new position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 1,323 shares of the exchange traded fund’s stock, valued at approximately $259,000.

A number of other hedge funds have also modified their holdings of IWD. American National Bank & Trust boosted its stake in iShares Russell 1000 Value ETF by 8.1% during the second quarter. American National Bank & Trust now owns 4,768 shares of the exchange traded fund’s stock worth $926,000 after buying an additional 358 shares during the period. Apollon Wealth Management LLC boosted its holdings in iShares Russell 1000 Value ETF by 0.8% in the second 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 during the period. Falcon Wealth Planning boosted its holdings in iShares Russell 1000 Value ETF by 6.5% in the second 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 during the period. Builder Investment Group Inc. ADV purchased a new position in iShares Russell 1000 Value ETF in the second quarter valued at $205,000. Finally, ST Germain D J Co. Inc. boosted its holdings in iShares Russell 1000 Value ETF by 62.4% in the second 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 during the period. 84.93% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell 1000 Value ETF Stock Performance

Shares of IWD opened at $207.50 on Tuesday. The stock has a 50-day simple moving average of $202.58 and a 200-day simple moving average of $194.39. The stock has a market capitalization of $65.94 billion, a PE ratio of 18.83 and a beta of 0.89. iShares Russell 1000 Value ETF has a 1 year low of $163.19 and a 1 year high of $207.58.

About iShares Russell 1000 Value ETF

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).