iShares Russell 1000 Value ETF $IWD Shares Bought by Bank of New York Mellon Corp

Bank of New York Mellon Corp raised its holdings in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 5.3% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 903,575 shares of the exchange traded fund’s stock after buying an additional 45,283 shares during the quarter. Bank of New York Mellon Corp owned about 0.28% of iShares Russell 1000 Value ETF worth $193,067,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Reyes Financial Architecture Inc. purchased a new stake in iShares Russell 1000 Value ETF during the 4th quarter valued at about $25,000. IFC & Insurance Marketing Inc. purchased a new position in iShares Russell 1000 Value ETF in the 4th quarter worth approximately $28,000. MBM Wealth Consultants LLC purchased a new position in iShares Russell 1000 Value ETF in the 1st quarter worth approximately $29,000. Holos Integrated Wealth LLC acquired a new position in shares of iShares Russell 1000 Value ETF during the 4th quarter worth approximately $31,000. Finally, Grand Wealth Management LLC acquired a new position in shares of iShares Russell 1000 Value ETF during the 4th quarter worth approximately $31,000. 84.93% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell 1000 Value ETF Price Performance

IWD stock opened at $248.03 on Friday. The business has a 50 day simple moving average of $240.67 and a 200-day simple moving average of $227.49. The firm has a market capitalization of $81.81 billion, a PE ratio of 18.83 and a beta of 0.84. iShares Russell 1000 Value ETF has a 1 year low of $191.64 and a 1 year high of $250.50.

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.