iShares Russell 1000 Value ETF $IWD Shares Newly Purchased by Merrion Investment Management Co LLC

Merrion Investment Management Co LLC purchased a new position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 2,620 shares of the exchange traded fund’s stock, valued at approximately $650,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Baird Financial Group Inc. lifted its stake in iShares Russell 1000 Value ETF by 2.7% during the second quarter. Baird Financial Group Inc. now owns 6,192,377 shares of the exchange traded fund’s stock worth $1,501,218,000 after purchasing an additional 165,599 shares during the last quarter. Stairway Partners LLC acquired a new position in iShares Russell 1000 Value ETF in the third quarter worth $326,735,000. Rockefeller Capital Management L.P. increased its stake in iShares Russell 1000 Value ETF by 28.5% during the fourth quarter. Rockefeller Capital Management L.P. now owns 1,440,501 shares of the exchange traded fund’s stock valued at $302,995,000 after purchasing an additional 319,319 shares during the last quarter. Fifth Third Bancorp increased its stake in iShares Russell 1000 Value ETF by 324.3% during the first quarter. Fifth Third Bancorp now owns 1,191,768 shares of the exchange traded fund’s stock valued at $254,645,000 after purchasing an additional 910,889 shares during the last quarter. Finally, Bank of New York Mellon Corp raised its holdings in shares of iShares Russell 1000 Value ETF by 5.3% during the first quarter. Bank of New York Mellon Corp now owns 903,575 shares of the exchange traded fund’s stock worth $193,067,000 after purchasing an additional 45,283 shares during the period. Hedge funds and other institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Stock Performance

Shares of iShares Russell 1000 Value ETF stock traded down $0.35 during trading hours on Friday, reaching $255.77. The company’s stock had a trading volume of 2,691,098 shares, compared to its average volume of 2,641,762. The stock has a market cap of $83.69 billion, a P/E ratio of 18.83 and a beta of 0.84. iShares Russell 1000 Value ETF has a one year low of $199.79 and a one year high of $260.19. The company’s 50 day simple moving average is $254.68 and its 200 day simple moving average is $243.45.

iShares Russell 1000 Value ETF 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.