St. Clair Advisors LLC Takes Position in iShares Russell 1000 Value ETF $IWD

St. Clair Advisors LLC bought a new stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 13,039 shares of the exchange traded fund’s stock, valued at approximately $2,786,000.

A number of other hedge funds have also recently bought and sold shares of the company. Reyes Financial Architecture Inc. acquired a new stake in iShares Russell 1000 Value ETF in the 4th quarter valued at about $25,000. IFC & Insurance Marketing Inc. acquired a new position in shares of iShares Russell 1000 Value ETF in the 4th quarter worth approximately $28,000. MBM Wealth Consultants LLC bought a new stake in shares of iShares Russell 1000 Value ETF in the 1st quarter worth approximately $29,000. Holos Integrated Wealth LLC bought a new stake in shares of iShares Russell 1000 Value ETF in the 4th quarter worth approximately $31,000. Finally, Grand Wealth Management LLC acquired a new stake in iShares Russell 1000 Value ETF during the fourth quarter valued at approximately $31,000. 84.93% of the stock is owned by institutional investors and hedge funds.

iShares Russell 1000 Value ETF Stock Performance

Shares of NYSEARCA:IWD opened at $242.43 on Wednesday. The stock has a market capitalization of $77.87 billion, a price-to-earnings ratio of 18.83 and a beta of 0.84. iShares Russell 1000 Value ETF has a 1-year low of $191.64 and a 1-year high of $245.71. The company has a 50 day moving average price of $236.09 and a 200 day moving average price of $224.34.

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.