Marquette Asset Management LLC raised its position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD – Free Report) by 1.1% in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 397,757 shares of the exchange traded fund’s stock after purchasing an additional 4,177 shares during the quarter. iShares Russell 1000 Value ETF comprises 12.4% of Marquette Asset Management LLC’s portfolio, making the stock its 2nd largest holding. Marquette Asset Management LLC owned about 0.12% of iShares Russell 1000 Value ETF worth $96,428,000 at the end of the most recent reporting period.
Other hedge funds also recently modified their holdings of the company. Reyes Financial Architecture Inc. acquired a new stake in shares of iShares Russell 1000 Value ETF in the fourth quarter valued at $25,000. IFC & Insurance Marketing Inc. bought a new position in iShares Russell 1000 Value ETF during the fourth quarter valued at about $28,000. MBM Wealth Consultants LLC acquired a new position in iShares Russell 1000 Value ETF during the first quarter worth about $29,000. Heritage Wealth Advisors acquired a new position in iShares Russell 1000 Value ETF during the fourth quarter worth about $31,000. Finally, Grand Wealth Management LLC bought a new stake in iShares Russell 1000 Value ETF in the fourth quarter worth about $31,000. 84.93% of the stock is currently owned by institutional investors and hedge funds.
iShares Russell 1000 Value ETF Trading Up 0.3%
Shares of NYSEARCA IWD opened at $258.31 on Tuesday. iShares Russell 1000 Value ETF has a twelve month low of $194.80 and a twelve month high of $258.44. The company has a market capitalization of $83.92 billion, a price-to-earnings ratio of 18.83 and a beta of 0.83. The firm has a 50-day moving average of $245.94 and a two-hundred day moving average of $231.67.
iShares Russell 1000 Value ETF Company 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.
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