31,668 Shares in iShares Russell 1000 Value ETF $IWD Purchased by Maloon Powers Pitre Higgins & Dennehy LLC

Maloon Powers Pitre Higgins & Dennehy LLC purchased a new position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 31,668 shares of the exchange traded fund’s stock, valued at approximately $7,677,000. iShares Russell 1000 Value ETF makes up 2.6% of Maloon Powers Pitre Higgins & Dennehy LLC’s investment portfolio, making the stock its 9th biggest position.

Several other institutional investors also recently bought and sold shares of the business. Timbuktu Capital Management LLC acquired a new position in shares of iShares Russell 1000 Value ETF during the 2nd quarter worth approximately $25,000. IFC & Insurance Marketing Inc. acquired a new stake in iShares Russell 1000 Value ETF in the 4th quarter valued at $28,000. Markowski Investments acquired a new stake in iShares Russell 1000 Value ETF in the 2nd quarter valued at $28,000. MBM Wealth Consultants LLC purchased a new stake in iShares Russell 1000 Value ETF in the 1st quarter worth $29,000. Finally, C M Bidwell & Associates Ltd. purchased a new stake in iShares Russell 1000 Value ETF in the 2nd quarter worth $30,000. 84.93% of the stock is owned by institutional investors and hedge funds.

iShares Russell 1000 Value ETF Stock Performance

NYSEARCA:IWD opened at $257.63 on Friday. The company has a fifty day moving average of $252.41 and a two-hundred day moving average of $236.42. The stock has a market capitalization of $83.70 billion, a PE ratio of 18.83 and a beta of 0.83. iShares Russell 1000 Value ETF has a fifty-two week low of $199.40 and a fifty-two week high of $260.19.

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). The Index represents approximately 50% of the total market capitalization of the Russell 1000 Index. The Index measures the large-capital value sector of the United States equity market.