EdgeRock Capital LLC Makes New Investment in iShares Russell 1000 Value ETF $IWD

EdgeRock Capital LLC purchased a new stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) in the second quarter, according to its most recent disclosure with the SEC. The firm purchased 1,460 shares of the exchange traded fund’s stock, valued at approximately $284,000.

Several other hedge funds also recently modified their holdings of IWD. American National Bank & Trust raised its stake in shares of iShares Russell 1000 Value ETF by 8.1% in the 2nd quarter. American National Bank & Trust now owns 4,768 shares of the exchange traded fund’s stock worth $926,000 after buying an additional 358 shares in the last quarter. Steph & Co. grew its holdings in iShares Russell 1000 Value ETF by 5.8% during the second quarter. Steph & Co. now owns 10,116 shares of the exchange traded fund’s stock worth $1,965,000 after acquiring an additional 555 shares during the period. Essex Financial Services Inc. raised its position in iShares Russell 1000 Value ETF by 3.0% in the second quarter. Essex Financial Services Inc. now owns 17,776 shares of the exchange traded fund’s stock worth $3,453,000 after acquiring an additional 523 shares in the last quarter. Perigon Wealth Management LLC lifted its holdings in iShares Russell 1000 Value ETF by 17.0% in the 2nd quarter. Perigon Wealth Management LLC now owns 21,820 shares of the exchange traded fund’s stock valued at $4,238,000 after acquiring an additional 3,177 shares during the last quarter. Finally, Pacific Sage Partners LLC boosted its position in shares of iShares Russell 1000 Value ETF by 2.0% during the 2nd quarter. Pacific Sage Partners LLC now owns 144,126 shares of the exchange traded fund’s stock valued at $27,994,000 after purchasing an additional 2,813 shares in the last quarter. 84.93% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell 1000 Value ETF Price Performance

Shares of IWD opened at $201.29 on Friday. The firm’s 50 day moving average is $199.41 and its 200-day moving average is $191.10. iShares Russell 1000 Value ETF has a 12-month low of $163.19 and a 12-month high of $204.02. The stock has a market capitalization of $63.53 billion, a P/E ratio of 18.83 and a beta of 0.95.

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).