3,033 Shares of iShares Russell 1000 Value ETF $IWD Acquired by Chapin Davis Inc.

Chapin Davis Inc. purchased a new position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 3,033 shares of the exchange traded fund’s stock, valued at approximately $752,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of IWD. Inspirion Wealth Advisors LLC bought a new stake in shares of iShares Russell 1000 Value ETF in the 3rd quarter valued at approximately $249,000. Monument Capital Management lifted its stake in iShares Russell 1000 Value ETF by 602.9% during the third quarter. Monument Capital Management now owns 34,034 shares of the exchange traded fund’s stock worth $8,438,000 after purchasing an additional 29,192 shares during the last quarter. Lee Kelleher & Klein Wealth Management lifted its stake in iShares Russell 1000 Value ETF by 19.7% during the third quarter. Lee Kelleher & Klein Wealth Management now owns 2,491 shares of the exchange traded fund’s stock worth $618,000 after purchasing an additional 410 shares during the last quarter. Diversified Management Inc. acquired a new position in iShares Russell 1000 Value ETF in the third quarter worth $503,000. Finally, Acropolis Investment Management LLC acquired a new position in iShares Russell 1000 Value ETF in the third quarter worth $4,664,000. 84.93% of the stock is owned by institutional investors.

iShares Russell 1000 Value ETF Price Performance

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

iShares Russell 1000 Value ETF Profile

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.