Hanson & Doremus Investment Management Acquires New Shares in iShares Russell 1000 Value ETF $IWD

Hanson & Doremus Investment Management acquired a new stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 25,718 shares of the exchange traded fund’s stock, valued at approximately $6,376,000. iShares Russell 1000 Value ETF comprises approximately 0.6% of Hanson & Doremus Investment Management’s investment portfolio, making the stock its 25th largest position.

Other institutional investors and hedge funds have also modified their holdings of the company. Timbuktu Capital Management LLC purchased a new position in shares of iShares Russell 1000 Value ETF during the 2nd quarter valued at about $25,000. Markowski Investments purchased a new position in shares of iShares Russell 1000 Value ETF in the second quarter valued at $28,000. MBM Wealth Consultants LLC bought a new position in shares of iShares Russell 1000 Value ETF in the 1st quarter valued at about $29,000. C M Bidwell & Associates Ltd. bought a new position in shares of iShares Russell 1000 Value ETF during the 2nd quarter valued at approximately $30,000. Finally, RMG Wealth Management LLC purchased a new position in shares of iShares Russell 1000 Value ETF during the 1st quarter worth about $40,000. Hedge funds and other institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Stock Down 0.1%

IWD opened at $255.77 on Friday. The stock has a market cap of $83.69 billion, a P/E ratio of 18.83 and a beta of 0.84. The business has a fifty day moving average of $254.68 and a 200 day moving average of $243.45. iShares Russell 1000 Value ETF has a 52-week low of $199.79 and a 52-week high of $260.19.

iShares Russell 1000 Value ETF Profile

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.