iShares Russell 1000 Value ETF $IWD Shares Bought by Monument Capital Management

Monument Capital Management raised its position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 602.9% during the third quarter, HoldingsChannel reports. The firm owned 34,034 shares of the exchange traded fund’s stock after buying an additional 29,192 shares during the quarter. iShares Russell 1000 Value ETF accounts for 1.8% of Monument Capital Management’s holdings, making the stock its 9th biggest position. Monument Capital Management’s holdings in iShares Russell 1000 Value ETF were worth $8,438,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Baird Financial Group Inc. lifted its position in shares of iShares Russell 1000 Value ETF by 2.7% during the 2nd 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. Wells Fargo & Company MN increased its holdings in iShares Russell 1000 Value ETF by 20.3% in the fourth quarter. Wells Fargo & Company MN now owns 5,895,769 shares of the exchange traded fund’s stock valued at $1,240,116,000 after buying an additional 995,230 shares during the last quarter. Stairway Partners LLC purchased a new position in iShares Russell 1000 Value ETF in the third quarter valued at $326,735,000. Rockefeller Capital Management L.P. raised its stake in iShares Russell 1000 Value ETF by 28.5% in the fourth quarter. Rockefeller Capital Management L.P. now owns 1,440,501 shares of the exchange traded fund’s stock valued at $302,995,000 after buying an additional 319,319 shares in the last quarter. Finally, Focus Partners Wealth raised its stake in iShares Russell 1000 Value ETF by 151.8% in the fourth quarter. Focus Partners Wealth now owns 1,412,808 shares of the exchange traded fund’s stock valued at $297,152,000 after buying an additional 851,770 shares in the last quarter. 84.93% of the stock is owned by hedge funds and other institutional investors.

iShares Russell 1000 Value ETF Price Performance

Shares of NYSEARCA IWD opened at $252.00 on Friday. The business has a 50-day moving average of $254.75 and a two-hundred day moving average of $241.89. The company has a market capitalization of $82.32 billion, a price-to-earnings ratio of 18.83 and a beta of 0.84. iShares Russell 1000 Value ETF has a 1 year low of $199.40 and a 1 year high of $260.19.

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.