130,861 Shares in iShares Russell 1000 Value ETF $IWD Acquired by Midwest Trust Co

Midwest Trust Co bought a new position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 130,861 shares of the exchange traded fund’s stock, valued at approximately $25,417,000.

Other large investors have also added to or reduced their stakes in the company. Truvestments Capital LLC bought a new stake in shares of iShares Russell 1000 Value ETF during the 1st quarter valued at $25,000. GKV Capital Management Co. Inc. bought a new position in iShares Russell 1000 Value ETF in the 1st quarter worth $27,000. Advantage Trust Co purchased a new stake in iShares Russell 1000 Value ETF in the 2nd quarter worth $29,000. RMG Wealth Management LLC purchased a new stake in iShares Russell 1000 Value ETF in the 2nd quarter worth $33,000. Finally, Access Investment Management LLC bought a new stake in iShares Russell 1000 Value ETF during the second quarter valued at about $35,000. Hedge funds and other institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Stock Up 0.6%

Shares of iShares Russell 1000 Value ETF stock opened at $204.42 on Friday. The company has a market capitalization of $65.03 billion, a price-to-earnings ratio of 18.83 and a beta of 0.89. The stock’s 50-day simple moving average is $203.25 and its 200-day simple moving average is $196.17. iShares Russell 1000 Value ETF has a 52 week low of $163.19 and a 52 week high of $207.58.

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).