Midwest Trust Co Increases Position in iShares Russell 1000 Value ETF $IWD

Midwest Trust Co increased its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 3.7% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 135,753 shares of the exchange traded fund’s stock after buying an additional 4,892 shares during the quarter. Midwest Trust Co’s holdings in iShares Russell 1000 Value ETF were worth $27,638,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Clayton Financial Group LLC acquired a new position in shares of iShares Russell 1000 Value ETF in the third quarter valued at approximately $27,000. Advantage Trust Co purchased a new position in iShares Russell 1000 Value ETF in the 2nd quarter valued at $29,000. Access Investment Management LLC acquired a new position in iShares Russell 1000 Value ETF in the 2nd quarter valued at $35,000. Clarity Asset Management Inc. acquired a new position in iShares Russell 1000 Value ETF in the 2nd quarter valued at $35,000. Finally, Davis Capital Management purchased a new position in iShares Russell 1000 Value ETF during the 3rd quarter worth $38,000. Institutional investors and hedge funds own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Stock Performance

IWD stock opened at $224.62 on Tuesday. The stock has a market capitalization of $69.98 billion, a PE ratio of 18.83 and a beta of 0.89. The company has a fifty day moving average of $215.14 and a 200-day moving average of $206.72. iShares Russell 1000 Value ETF has a one year low of $163.19 and a one year high of $225.09.

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.