6,510 Shares in iShares Russell 1000 Value ETF $IWD Bought by Asset Dedication LLC

Asset Dedication LLC purchased a new position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) in the 3rd quarter, Holdings Channel reports. The fund purchased 6,510 shares of the exchange traded fund’s stock, valued at approximately $1,614,000.

Several other hedge funds also recently modified their holdings of the business. Retirement Wealth Solutions LLC boosted its position in shares of iShares Russell 1000 Value ETF by 11.5% during the 2nd quarter. Retirement Wealth Solutions LLC now owns 377 shares of the exchange traded fund’s stock worth $91,000 after acquiring an additional 39 shares in the last quarter. Robinson Value Management Ltd. raised its position in iShares Russell 1000 Value ETF by 0.8% in the third quarter. Robinson Value Management Ltd. now owns 4,818 shares of the exchange traded fund’s stock worth $1,195,000 after acquiring an additional 39 shares during the period. Simplicity Wealth LLC boosted its position in shares of iShares Russell 1000 Value ETF by 0.3% during the 1st quarter. Simplicity Wealth LLC now owns 16,034 shares of the exchange traded fund’s stock valued at $3,426,000 after acquiring an additional 44 shares during the last quarter. Grant Street Asset Management Inc. increased its stake in iShares Russell 1000 Value ETF by 0.4% in the 1st quarter. Grant Street Asset Management Inc. now owns 12,762 shares of the exchange traded fund’s stock worth $2,727,000 after buying an additional 51 shares during the period. Finally, 180 Wealth Advisors LLC lifted its position in iShares Russell 1000 Value ETF by 4.4% during the second quarter. 180 Wealth Advisors LLC now owns 1,211 shares of the exchange traded fund’s stock valued at $294,000 after acquiring an additional 51 shares during the last quarter. Institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Trading Down 0.4%

NYSEARCA IWD opened at $257.45 on Friday. iShares Russell 1000 Value ETF has a twelve month low of $199.79 and a twelve month high of $267.24. The stock has a fifty day simple moving average of $254.98 and a 200-day simple moving average of $239.16. The stock has a market cap of $82.83 billion, a PE 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.