RKL Wealth Management LLC Acquires 8,471 Shares of iShares Russell 1000 Value ETF $IWD

RKL Wealth Management LLC bought a new stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 8,471 shares of the exchange traded fund’s stock, valued at approximately $2,100,000.

Several other large investors have also bought and sold shares of the company. Greenleaf Trust raised its position in iShares Russell 1000 Value ETF by 20,660.3% in the second quarter. Greenleaf Trust now owns 1,491,213 shares of the exchange traded fund’s stock worth $116,166,000 after acquiring an additional 1,484,030 shares in the last quarter. Stairway Partners LLC acquired a new stake in iShares Russell 1000 Value ETF in the 3rd quarter valued at about $326,735,000. Fifth Third Bancorp lifted its holdings 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 valued at $254,645,000 after acquiring an additional 910,889 shares during the last quarter. Marquette Asset Management LLC acquired a new stake in iShares Russell 1000 Value ETF in the 3rd quarter valued at about $98,365,000. Finally, MV Capital Management Inc. bought a new position in shares of iShares Russell 1000 Value ETF during the 4th quarter valued at about $76,211,000. Institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Stock Performance

Shares of NYSEARCA:IWD traded down $0.35 during trading hours on Friday, hitting $255.77. 2,691,098 shares of the company’s stock traded hands, compared to its average volume of 2,641,762. The company’s fifty day simple moving average is $254.68 and its two-hundred day simple moving average is $243.45. The company has a market cap of $83.69 billion, a price-to-earnings 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 $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.