Bank of New York Mellon Corp Purchases 70,330 Shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Bank of New York Mellon Corp increased its position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 8.8% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 866,591 shares of the exchange traded fund’s stock after purchasing an additional 70,330 shares during the period. Bank of New York Mellon Corp owned approximately 0.28% of iShares Russell 1000 Value ETF worth $151,194,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Triad Wealth Partners LLC bought a new position in iShares Russell 1000 Value ETF during the 2nd quarter valued at $25,000. Partnership Wealth Management LLC bought a new position in iShares Russell 1000 Value ETF during the 4th quarter valued at $28,000. Opal Wealth Advisors LLC bought a new position in iShares Russell 1000 Value ETF during the 2nd quarter valued at $28,000. CarsonAllaria Wealth Management Ltd. lifted its stake in iShares Russell 1000 Value ETF by 84.4% during the 4th quarter. CarsonAllaria Wealth Management Ltd. now owns 177 shares of the exchange traded fund’s stock valued at $29,000 after acquiring an additional 81 shares in the last quarter. Finally, Access Investment Management LLC bought a new position in iShares Russell 1000 Value ETF during the 4th quarter valued at $30,000.

iShares Russell 1000 Value ETF Trading Up 0.1 %

Shares of NYSEARCA:IWD opened at $186.10 on Tuesday. The stock has a market cap of $58.30 billion, a PE ratio of 17.81 and a beta of 0.77. iShares Russell 1000 Value ETF has a 1-year low of $143.34 and a 1-year high of $187.17. The stock’s fifty day simple moving average is $178.45 and its two-hundred day simple moving average is $175.56.

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).