355,595 Shares in iShares Russell 1000 Value ETF $IWD Acquired by Modera Wealth Management LLC

Modera Wealth Management LLC bought a new stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 355,595 shares of the exchange traded fund’s stock, valued at approximately $88,163,000. iShares Russell 1000 Value ETF makes up 0.9% of Modera Wealth Management LLC’s portfolio, making the stock its 28th biggest holding. Modera Wealth Management LLC owned about 0.11% of iShares Russell 1000 Value ETF as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Timbuktu Capital Management LLC acquired a new position in iShares Russell 1000 Value ETF in the 2nd quarter valued at $25,000. Markowski Investments purchased a new position in iShares Russell 1000 Value ETF in the 2nd quarter valued at $28,000. Cornerstone National Bank & Trust Co purchased a new position in iShares Russell 1000 Value ETF in the 3rd quarter valued at $30,000. C M Bidwell & Associates Ltd. acquired a new stake in iShares Russell 1000 Value ETF during the 2nd quarter worth $30,000. Finally, Halbert Hargrove Global Advisors LLC acquired a new stake in iShares Russell 1000 Value ETF during the 3rd quarter worth $41,000. 84.93% of the stock is owned by institutional investors and hedge funds.

iShares Russell 1000 Value ETF Stock Down 0.8%

iShares Russell 1000 Value ETF stock opened at $258.65 on Friday. iShares Russell 1000 Value ETF has a 52-week low of $199.79 and a 52-week high of $260.82. The firm has a market capitalization of $84.93 billion, a price-to-earnings ratio of 18.83 and a beta of 0.84. The company has a fifty day simple moving average of $254.79 and a 200-day simple moving average of $238.12.

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.