First National Bank & Trust Co. of Newtown Takes $635,000 Position in iShares Russell 1000 Value ETF $IWD

First National Bank & Trust Co. of Newtown purchased a new position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 2,972 shares of the exchange traded fund’s stock, valued at approximately $635,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Falcon Wealth Planning boosted its holdings 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 valued at $257,000 after acquiring an additional 45 shares during the period. Members Wealth LLC increased its stake 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 purchasing an additional 46 shares during the period. Cardiff Park Advisors LLC increased its stake in iShares Russell 1000 Value ETF by 0.6% in the fourth quarter. Cardiff Park Advisors LLC now owns 7,433 shares of the exchange traded fund’s stock worth $1,563,000 after purchasing an additional 46 shares during the period. Sax Wealth Advisors LLC lifted its position in shares of iShares Russell 1000 Value ETF by 0.5% during the fourth quarter. Sax Wealth Advisors LLC now owns 9,571 shares of the exchange traded fund’s stock worth $2,013,000 after purchasing an additional 49 shares during the last quarter. Finally, Cibc World Market Inc. lifted its position in shares of iShares Russell 1000 Value ETF by 3.1% during the fourth quarter. Cibc World Market Inc. now owns 1,646 shares of the exchange traded fund’s stock worth $346,000 after purchasing an additional 49 shares during the last quarter. 84.93% of the stock is owned by institutional investors.

iShares Russell 1000 Value ETF Trading Up 0.5%

Shares of IWD opened at $246.38 on Friday. The firm has a market capitalization of $81.37 billion, a P/E ratio of 18.83 and a beta of 0.84. iShares Russell 1000 Value ETF has a 12-month low of $191.64 and a 12-month high of $249.26. The firm has a fifty day moving average price of $238.78 and a 200-day moving average price of $226.10.

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.