Midwest Trust Co Purchases 11,063 Shares of iShares Russell 1000 Value ETF $IWD

Midwest Trust Co lifted its position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 8.1% during the fourth quarter, HoldingsChannel reports. The firm owned 146,816 shares of the exchange traded fund’s stock after buying an additional 11,063 shares during the quarter. Midwest Trust Co’s holdings in iShares Russell 1000 Value ETF were worth $30,881,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in IWD. Confluence Investment Management LLC lifted its holdings in shares of iShares Russell 1000 Value ETF by 2,904.9% during the 4th quarter. Confluence Investment Management LLC now owns 568,609 shares of the exchange traded fund’s stock valued at $119,601,000 after purchasing an additional 549,686 shares in the last quarter. Tcfg Wealth Management LLC increased its stake in iShares Russell 1000 Value ETF by 12,109.1% during the 3rd quarter. Tcfg Wealth Management LLC now owns 321,587 shares of the exchange traded fund’s stock worth $65,472,000 after purchasing an additional 318,953 shares in the last quarter. SMI Advisory Services LLC bought a new stake in iShares Russell 1000 Value ETF during the 4th quarter worth approximately $55,463,000. Thrivent Financial for Lutherans raised its holdings in iShares Russell 1000 Value ETF by 615.9% during the 3rd quarter. Thrivent Financial for Lutherans now owns 291,173 shares of the exchange traded fund’s stock worth $59,280,000 after buying an additional 250,498 shares during the period. Finally, Legacy Edge Advisors LLC acquired a new stake in iShares Russell 1000 Value ETF during the 4th quarter worth approximately $47,882,000. 84.93% of the stock is owned by institutional investors.

iShares Russell 1000 Value ETF Stock Performance

Shares of IWD opened at $233.90 on Friday. The firm has a market cap of $75.13 billion, a P/E ratio of 18.83 and a beta of 0.84. iShares Russell 1000 Value ETF has a twelve month low of $184.61 and a twelve month high of $234.81. The firm’s 50 day moving average price is $220.93 and its two-hundred day moving average price is $215.68.

iShares Russell 1000 Value ETF Company 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.