Virtue Capital Management LLC Acquires 24,493 Shares of iShares Russell 1000 Value ETF $IWD

Virtue Capital Management LLC lifted its holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 258.5% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 33,969 shares of the exchange traded fund’s stock after purchasing an additional 24,493 shares during the quarter. iShares Russell 1000 Value ETF accounts for approximately 1.1% of Virtue Capital Management LLC’s holdings, making the stock its 20th largest position. Virtue Capital Management LLC’s holdings in iShares Russell 1000 Value ETF were worth $8,422,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Timbuktu Capital Management LLC bought a new stake in shares of iShares Russell 1000 Value ETF during the second quarter valued at about $25,000. Markowski Investments bought a new position in iShares Russell 1000 Value ETF in the 2nd quarter valued at about $28,000. Cornerstone National Bank & Trust Co bought a new position in iShares Russell 1000 Value ETF in the 3rd quarter valued at about $30,000. C M Bidwell & Associates Ltd. acquired a new position in iShares Russell 1000 Value ETF during the 2nd quarter valued at about $30,000. Finally, Halbert Hargrove Global Advisors LLC acquired a new position in iShares Russell 1000 Value ETF during the 3rd quarter valued at about $41,000. Institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Stock Performance

IWD stock opened at $258.65 on Monday. iShares Russell 1000 Value ETF has a 52 week low of $199.79 and a 52 week high of $260.82. The company has a market capitalization of $82.95 billion, a price-to-earnings ratio of 18.83 and a beta of 0.84. The firm’s 50-day moving average is $254.79 and its two-hundred day moving average is $238.12.

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.