Midwest Trust Co Increases Position in iShares Russell 1000 Value ETF $IWD

Midwest Trust Co lifted its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 7.0% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 157,106 shares of the exchange traded fund’s stock after acquiring an additional 10,290 shares during the period. Midwest Trust Co’s holdings in iShares Russell 1000 Value ETF were worth $33,569,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Simplicity Wealth LLC grew its stake in iShares Russell 1000 Value ETF by 0.3% in the first quarter. Simplicity Wealth LLC now owns 16,034 shares of the exchange traded fund’s stock valued at $3,426,000 after purchasing an additional 44 shares during the last quarter. Falcon Wealth Planning raised its holdings in iShares Russell 1000 Value ETF by 3.9% in the first quarter. Falcon Wealth Planning now owns 1,204 shares of the exchange traded fund’s stock worth $257,000 after purchasing an additional 45 shares in the last quarter. Members Wealth LLC lifted its position in shares of iShares Russell 1000 Value ETF by 3.6% during the first quarter. Members Wealth LLC now owns 1,330 shares of the exchange traded fund’s stock valued at $301,000 after buying an additional 46 shares during the last quarter. Cardiff Park Advisors LLC lifted its position in shares of iShares Russell 1000 Value ETF by 0.6% during the fourth quarter. Cardiff Park Advisors LLC now owns 7,433 shares of the exchange traded fund’s stock valued at $1,563,000 after buying an additional 46 shares during the last quarter. Finally, Sax Wealth Advisors LLC lifted its position in shares of iShares Russell 1000 Value ETF by 0.5% during the fourth quarter. Sax Wealth Advisors LLC now owns 9,571 shares of the exchange traded fund’s stock valued at $2,013,000 after buying an additional 49 shares during the last quarter. 84.93% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell 1000 Value ETF Trading Up 0.2%

Shares of NYSEARCA:IWD traded up $0.46 during trading on Friday, reaching $246.84. The stock had a trading volume of 1,205,873 shares, compared to its average volume of 3,175,791. The firm’s 50-day simple moving average is $239.17 and its 200 day simple moving average is $226.24. iShares Russell 1000 Value ETF has a one year low of $191.64 and a one year high of $249.26. The company has a market capitalization of $81.47 billion, a P/E 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.