3,033 Shares in iShares Russell 1000 Value ETF $IWD Acquired by Chapin Davis Inc.

Chapin Davis Inc. bought a new stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) in the 3rd quarter, Holdings Channel.com reports. The institutional investor bought 3,033 shares of the exchange traded fund’s stock, valued at approximately $752,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Retirement Wealth Solutions LLC lifted its holdings in shares of iShares Russell 1000 Value ETF by 11.5% in the 2nd quarter. Retirement Wealth Solutions LLC now owns 377 shares of the exchange traded fund’s stock worth $91,000 after purchasing an additional 39 shares during the last quarter. Simplicity Wealth LLC grew its stake in iShares Russell 1000 Value ETF by 0.3% during the 1st quarter. Simplicity Wealth LLC now owns 16,034 shares of the exchange traded fund’s stock worth $3,426,000 after buying an additional 44 shares during the last quarter. Falcon Wealth Planning grew its stake in iShares Russell 1000 Value ETF by 3.9% during the 1st quarter. Falcon Wealth Planning now owns 1,204 shares of the exchange traded fund’s stock worth $257,000 after buying an additional 45 shares during the last quarter. Members Wealth LLC increased its position in iShares Russell 1000 Value ETF by 3.6% in the first quarter. Members Wealth LLC now owns 1,330 shares of the exchange traded fund’s stock worth $301,000 after buying an additional 46 shares during the period. Finally, Grant Street Asset Management Inc. increased its position in iShares Russell 1000 Value ETF by 0.4% in the first quarter. Grant Street Asset Management Inc. now owns 12,762 shares of the exchange traded fund’s stock worth $2,727,000 after buying an additional 51 shares during the period. 84.93% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell 1000 Value ETF Stock Performance

IWD stock opened at $252.00 on Friday. iShares Russell 1000 Value ETF has a 1 year low of $199.40 and a 1 year high of $260.19. The stock has a market capitalization of $82.32 billion, a price-to-earnings ratio of 18.83 and a beta of 0.84. The stock’s fifty day moving average is $254.75 and its two-hundred day moving average is $241.89.

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). 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.