iShares Russell 1000 Value ETF (NYSEARCA:IWD) Shares Acquired by First Business Financial Services Inc.

First Business Financial Services Inc. boosted its position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 0.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 287,183 shares of the exchange traded fund’s stock after purchasing an additional 675 shares during the period. iShares Russell 1000 Value ETF comprises approximately 5.3% of First Business Financial Services Inc.’s holdings, making the stock its 6th largest position. First Business Financial Services Inc. owned about 0.09% of iShares Russell 1000 Value ETF worth $50,105,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Triad Wealth Partners LLC purchased a new position in iShares Russell 1000 Value ETF in the second quarter valued at about $25,000. Opal Wealth Advisors LLC purchased a new position in shares of iShares Russell 1000 Value ETF during the 2nd quarter worth approximately $28,000. Concord Wealth Partners increased its stake in shares of iShares Russell 1000 Value ETF by 70.4% during the 1st quarter. Concord Wealth Partners now owns 167 shares of the exchange traded fund’s stock worth $30,000 after purchasing an additional 69 shares in the last quarter. Partnership Wealth Management LLC purchased a new position in shares of iShares Russell 1000 Value ETF during the 4th quarter worth approximately $28,000. Finally, CarsonAllaria Wealth Management Ltd. increased its stake in shares of iShares Russell 1000 Value ETF by 84.4% during the 4th quarter. CarsonAllaria Wealth Management Ltd. now owns 177 shares of the exchange traded fund’s stock worth $29,000 after purchasing an additional 81 shares in the last quarter.

iShares Russell 1000 Value ETF Price Performance

IWD traded down $1.73 during trading on Thursday, hitting $184.16. The company’s stock had a trading volume of 510,898 shares, compared to its average volume of 1,788,148. The firm’s 50 day moving average price is $180.12 and its 200-day moving average price is $176.45. The stock has a market cap of $57.69 billion, a PE ratio of 17.81 and a beta of 0.77. iShares Russell 1000 Value ETF has a twelve month low of $143.34 and a twelve month high of $188.47.

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).