McKinley Carter Wealth Services Inc. Acquires New Stake in iShares Russell 1000 Value ETF $IWD

McKinley Carter Wealth Services Inc. bought a new stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund bought 17,225 shares of the exchange traded fund’s stock, valued at approximately $4,271,000.

A number of other hedge funds also recently modified their holdings of the business. Timbuktu Capital Management LLC acquired a new stake in shares of iShares Russell 1000 Value ETF in the second quarter worth $25,000. Markowski Investments purchased a new position in shares of iShares Russell 1000 Value ETF during the second quarter valued at $28,000. C M Bidwell & Associates Ltd. acquired a new position in iShares Russell 1000 Value ETF during the second quarter valued at $30,000. MBM Wealth Consultants LLC acquired a new position in iShares Russell 1000 Value ETF during the first quarter valued at $29,000. Finally, Halbert Hargrove Global Advisors LLC acquired a new position in iShares Russell 1000 Value ETF during the third quarter valued at $41,000. Hedge funds and other institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Price Performance

iShares Russell 1000 Value ETF stock traded down $0.35 during mid-day trading on Friday, hitting $255.77. The company’s stock had a trading volume of 2,691,098 shares, compared to its average volume of 2,641,762. The firm’s 50 day moving average is $254.68 and its 200 day moving average is $243.45. The company has a market cap of $83.69 billion, a PE ratio of 18.83 and a beta of 0.84. iShares Russell 1000 Value ETF has a 52-week low of $199.79 and a 52-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.