iShares Russell 1000 Value ETF $IWD Stake Lifted by XML Financial LLC

XML Financial LLC lifted its holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 4.3% in the 3rd quarter, Holdings Channel reports. The firm owned 52,397 shares of the exchange traded fund’s stock after acquiring an additional 2,160 shares during the period. iShares Russell 1000 Value ETF accounts for 0.9% of XML Financial LLC’s portfolio, making the stock its 27th biggest holding. XML Financial LLC’s holdings in iShares Russell 1000 Value ETF were worth $12,991,000 at the end of the most recent reporting period.

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

iShares Russell 1000 Value ETF Stock Up 0.3%

Shares of NYSEARCA IWD opened at $259.36 on Tuesday. The firm’s 50-day moving average price is $254.83 and its 200-day moving average price is $238.33. The company has a market cap of $83.18 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 $261.14.

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.