Fiduciary Family Office LLC Invests $2.29 Million in iShares Russell 1000 Value ETF $IWD

Fiduciary Family Office LLC bought a new position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 11,774 shares of the exchange traded fund’s stock, valued at approximately $2,287,000. iShares Russell 1000 Value ETF comprises about 0.7% of Fiduciary Family Office LLC’s investment portfolio, making the stock its 23rd largest position.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Goldman Sachs Group Inc. increased its position in shares of iShares Russell 1000 Value ETF by 2.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 15,629,692 shares of the exchange traded fund’s stock worth $2,940,883,000 after purchasing an additional 363,429 shares during the last quarter. Baird Financial Group Inc. increased its position in shares of iShares Russell 1000 Value ETF by 1.8% in the 1st quarter. Baird Financial Group Inc. now owns 4,681,498 shares of the exchange traded fund’s stock worth $880,871,000 after purchasing an additional 81,955 shares during the last quarter. Northern Trust Corp increased its position in shares of iShares Russell 1000 Value ETF by 5.9% in the 1st quarter. Northern Trust Corp now owns 4,518,369 shares of the exchange traded fund’s stock worth $850,176,000 after purchasing an additional 253,088 shares during the last quarter. LPL Financial LLC boosted its holdings in shares of iShares Russell 1000 Value ETF by 6.2% in the 1st quarter. LPL Financial LLC now owns 3,949,393 shares of the exchange traded fund’s stock valued at $743,118,000 after buying an additional 229,198 shares during the period. Finally, M&T Bank Corp boosted its holdings in shares of iShares Russell 1000 Value ETF by 2.2% in the 1st quarter. M&T Bank Corp now owns 3,804,155 shares of the exchange traded fund’s stock valued at $715,790,000 after buying an additional 83,318 shares during the period. Institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Stock Performance

NYSEARCA IWD opened at $204.91 on Tuesday. iShares Russell 1000 Value ETF has a one year low of $163.19 and a one year high of $206.01. The company has a 50-day simple moving average of $201.85 and a 200-day simple moving average of $193.22. The firm has a market capitalization of $64.80 billion, a PE ratio of 18.83 and a beta of 0.95.

iShares Russell 1000 Value ETF Company 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).