Segment Wealth Management LLC Buys 36,569 Shares of iShares Russell 1000 Value ETF $IWD

Segment Wealth Management LLC acquired a new stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 36,569 shares of the exchange traded fund’s stock, valued at approximately $9,067,000.

Several other large investors have also recently made changes to their positions in IWD. Timbuktu Capital Management LLC purchased a new stake in shares of iShares Russell 1000 Value ETF during the 2nd quarter worth about $25,000. Markowski Investments purchased a new stake in shares of iShares Russell 1000 Value ETF during the second quarter worth $28,000. C M Bidwell & Associates Ltd. purchased a new stake in iShares Russell 1000 Value ETF during the 2nd quarter valued at about $30,000. Cornerstone National Bank & Trust Co acquired a new stake in shares of iShares Russell 1000 Value ETF in the third quarter valued at approximately $30,000. Finally, RMG Wealth Management LLC acquired a new stake in shares of iShares Russell 1000 Value ETF in the 1st quarter worth $40,000. 84.93% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell 1000 Value ETF Price Performance

iShares Russell 1000 Value ETF stock opened at $258.35 on Tuesday. The stock has a market cap of $84.53 billion, a price-to-earnings ratio of 18.83 and a beta of 0.84. The firm has a 50 day simple moving average of $254.63 and a 200-day simple moving average of $237.06. iShares Russell 1000 Value ETF has a 1-year low of $199.79 and a 1-year high of $260.19.

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.