5,346 Shares of iShares Russell 1000 Value ETF $IWD Acquired by Adirondack Trust Co.

Adirondack Trust Co. acquired a new position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) during the 3rd quarter, Holdings Channel reports. The fund acquired 5,346 shares of the exchange traded fund’s stock, valued at approximately $1,325,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in IWD. Timbuktu Capital Management LLC bought a new stake in shares of iShares Russell 1000 Value ETF in the 2nd quarter valued at approximately $25,000. Markowski Investments purchased a new position in shares of iShares Russell 1000 Value ETF in the 2nd quarter worth approximately $28,000. MBM Wealth Consultants LLC purchased a new position in shares of iShares Russell 1000 Value ETF in the 1st quarter worth approximately $29,000. C M Bidwell & Associates Ltd. purchased a new position in shares of iShares Russell 1000 Value ETF in the 2nd quarter worth approximately $30,000. Finally, RMG Wealth Management LLC bought a new position in shares of iShares Russell 1000 Value ETF during the 1st quarter valued at approximately $40,000. 84.93% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell 1000 Value ETF Trading Down 0.4%

Shares of NYSEARCA IWD traded down $0.97 during trading hours on Wednesday, hitting $253.56. 632,726 shares of the company traded hands, compared to its average volume of 2,641,717. The company’s 50 day moving average price is $254.75 and its 200 day moving average price is $242.74. iShares Russell 1000 Value ETF has a 12 month low of $199.79 and a 12 month high of $260.19. The stock has a market capitalization of $82.95 billion, a price-to-earnings 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.