3,854 Shares in iShares Russell 1000 Value ETF $IWD Purchased by Nvwm LLC

Nvwm LLC acquired a new position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 3,854 shares of the exchange traded fund’s stock, valued at approximately $956,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of IWD. Ashurst Perkins Coie Trust Co purchased a new position in shares of iShares Russell 1000 Value ETF in the third quarter valued at $163,000. ZWJ Investment Counsel Inc. bought a new stake in iShares Russell 1000 Value ETF in the third quarter worth $2,250,000. Triangle Securities Wealth Management bought a new stake in iShares Russell 1000 Value ETF in the third quarter worth $530,000. Mather Group LLC. purchased a new stake in iShares Russell 1000 Value ETF during the third quarter valued at $10,815,000. Finally, Cliftonlarsonallen Wealth Advisors LLC purchased a new stake in iShares Russell 1000 Value ETF during the third quarter valued at $6,674,000. 84.93% of the stock is currently owned by institutional investors.

iShares Russell 1000 Value ETF Stock Down 0.1%

IWD stock opened at $254.20 on Thursday. iShares Russell 1000 Value ETF has a 52 week low of $199.79 and a 52 week high of $260.19. The company has a fifty day simple moving average of $254.71 and a two-hundred day simple moving average of $243.03. The firm has a market capitalization of $83.16 billion, a P/E ratio of 18.83 and a beta of 0.84.

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.