Indiana Trust & Investment Management Co Acquires 8,704 Shares of iShares Russell 1000 Value ETF $IWD

Indiana Trust & Investment Management Co bought a new position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 8,704 shares of the exchange traded fund’s stock, valued at approximately $2,158,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Baird Financial Group Inc. grew its holdings in shares of iShares Russell 1000 Value ETF by 2.7% in the second quarter. Baird Financial Group Inc. now owns 6,192,377 shares of the exchange traded fund’s stock worth $1,501,218,000 after purchasing an additional 165,599 shares during the last quarter. Stairway Partners LLC purchased a new position in iShares Russell 1000 Value ETF in the 3rd quarter worth about $326,735,000. Fifth Third Bancorp increased its stake in iShares Russell 1000 Value ETF by 324.3% in the 1st quarter. Fifth Third Bancorp now owns 1,191,768 shares of the exchange traded fund’s stock worth $254,645,000 after buying an additional 910,889 shares during the period. Bank of New York Mellon Corp increased its stake in iShares Russell 1000 Value ETF by 5.3% in the 1st quarter. Bank of New York Mellon Corp now owns 903,575 shares of the exchange traded fund’s stock worth $193,067,000 after buying an additional 45,283 shares during the period. Finally, 1ST Source Bank increased its stake in iShares Russell 1000 Value ETF by 1.9% in the 1st quarter. 1ST Source Bank now owns 621,889 shares of the exchange traded fund’s stock worth $132,879,000 after buying an additional 11,697 shares during the period. 84.93% of the stock is currently owned by institutional investors.

iShares Russell 1000 Value ETF Price Performance

Shares of IWD opened at $259.05 on Friday. iShares Russell 1000 Value ETF has a 1-year low of $199.79 and a 1-year high of $260.19. The company has a 50-day moving average of $254.63 and a 200 day moving average of $244.89. The firm has a market capitalization of $84.76 billion, a price-to-earnings ratio of 18.83 and a beta of 0.84.

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.