iShares Russell 1000 Value ETF $IWD Shares Purchased by Meramec Financial Planners LLC

Meramec Financial Planners LLC lifted its holdings in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 6.3% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 60,475 shares of the exchange traded fund’s stock after buying an additional 3,590 shares during the period. iShares Russell 1000 Value ETF comprises 5.6% of Meramec Financial Planners LLC’s investment portfolio, making the stock its 2nd biggest holding. Meramec Financial Planners LLC’s holdings in iShares Russell 1000 Value ETF were worth $13,745,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Brown Miller Wealth Management LLC acquired a new stake in shares of iShares Russell 1000 Value ETF in the fourth quarter valued at about $1,213,000. Personal CFO Solutions LLC purchased a new position in iShares Russell 1000 Value ETF in the fourth quarter valued at about $1,539,000. Brass Tax Wealth Management Inc. acquired a new stake in shares of iShares Russell 1000 Value ETF during the 3rd quarter valued at approximately $753,000. Massachusetts Financial Services Co. MA boosted its stake in shares of iShares Russell 1000 Value ETF by 121.8% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 190,793 shares of the exchange traded fund’s stock worth $40,131,000 after acquiring an additional 104,778 shares in the last quarter. Finally, SMI Advisory Services LLC purchased a new stake in shares of iShares Russell 1000 Value ETF during the 4th quarter worth approximately $55,463,000. Institutional investors and hedge funds own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Price Performance

NYSEARCA IWD opened at $246.81 on Friday. The business has a 50 day moving average price of $237.24 and a 200 day moving average price of $224.95. The company has a market capitalization of $80.89 billion, a P/E ratio of 18.83 and a beta of 0.84. iShares Russell 1000 Value ETF has a 1-year low of $191.64 and a 1-year high of $246.94.

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.