Glenmede Trust Co. NA Purchases 18,160 Shares of iShares Russell 1000 Value ETF $IWD

Glenmede Trust Co. NA increased its position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 29.7% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 79,251 shares of the exchange traded fund’s stock after purchasing an additional 18,160 shares during the period. Glenmede Trust Co. NA’s holdings in iShares Russell 1000 Value ETF were worth $16,934,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the company. Reyes Financial Architecture Inc. acquired a new stake in iShares Russell 1000 Value ETF during the fourth quarter worth $25,000. IFC & Insurance Marketing Inc. acquired a new position in shares of iShares Russell 1000 Value ETF in the 4th quarter valued at $28,000. MBM Wealth Consultants LLC acquired a new stake in shares of iShares Russell 1000 Value ETF during the 1st quarter valued at about $29,000. Grand Wealth Management LLC acquired a new position in iShares Russell 1000 Value ETF in the fourth quarter worth about $31,000. Finally, Heritage Wealth Advisors acquired a new position 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 0.4%

NYSEARCA IWD opened at $251.82 on Friday. The stock’s 50 day moving average is $243.68 and its two-hundred day moving average is $229.97. The company has a market capitalization of $81.90 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 $252.73.

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.