SCS Capital Management LLC Buys 6,375 Shares of iShares Russell 1000 Value ETF $IWD

SCS Capital Management LLC increased its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 12.5% in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 57,571 shares of the exchange traded fund’s stock after purchasing an additional 6,375 shares during the quarter. SCS Capital Management LLC’s holdings in iShares Russell 1000 Value ETF were worth $11,182,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the stock. Truvestments Capital LLC acquired a new stake in shares of iShares Russell 1000 Value ETF in the first quarter worth $25,000. GKV Capital Management Co. Inc. acquired a new position in iShares Russell 1000 Value ETF in the 1st quarter valued at $27,000. Advantage Trust Co bought a new position in iShares Russell 1000 Value ETF in the 2nd quarter worth $29,000. RMG Wealth Management LLC acquired a new position in iShares Russell 1000 Value ETF during the 2nd quarter worth $33,000. Finally, Access Investment Management LLC acquired a new position in iShares Russell 1000 Value ETF during the 2nd quarter worth $35,000. Institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Stock Down 0.0%

Shares of NYSEARCA:IWD opened at $210.24 on Friday. The company has a market cap of $66.88 billion, a price-to-earnings ratio of 18.83 and a beta of 0.89. The business has a 50 day moving average price of $204.85 and a 200 day moving average price of $198.97. iShares Russell 1000 Value ETF has a twelve month low of $163.19 and a twelve month high of $210.68.

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).