Meridian Wealth Management LLC Invests $955,000 in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Meridian Wealth Management LLC acquired a new position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 5,034 shares of the exchange traded fund’s stock, valued at approximately $955,000.

A number of other institutional investors have also recently bought and sold shares of IWD. Russell Investments Group Ltd. grew its position in iShares Russell 1000 Value ETF by 72.3% in the first quarter. Russell Investments Group Ltd. now owns 298 shares of the exchange traded fund’s stock worth $53,000 after acquiring an additional 125 shares in the last quarter. Price T Rowe Associates Inc. MD boosted its holdings in iShares Russell 1000 Value ETF by 22.4% in the first quarter. Price T Rowe Associates Inc. MD now owns 14,133 shares of the exchange traded fund’s stock worth $2,532,000 after purchasing an additional 2,582 shares in the last quarter. Captrust Financial Advisors raised its holdings in iShares Russell 1000 Value ETF by 8.7% during the first quarter. Captrust Financial Advisors now owns 376,830 shares of the exchange traded fund’s stock valued at $67,494,000 after buying an additional 30,252 shares in the last quarter. B. Riley Wealth Advisors Inc. lifted its position in shares of iShares Russell 1000 Value ETF by 16.2% in the first quarter. B. Riley Wealth Advisors Inc. now owns 17,655 shares of the exchange traded fund’s stock worth $3,162,000 after buying an additional 2,461 shares during the last quarter. Finally, FSA Wealth Management LLC boosted its stake in shares of iShares Russell 1000 Value ETF by 3.0% during the 1st quarter. FSA Wealth Management LLC now owns 249,131 shares of the exchange traded fund’s stock worth $44,622,000 after acquiring an additional 7,165 shares in the last quarter.

iShares Russell 1000 Value ETF Stock Performance

Shares of IWD stock opened at $197.71 on Friday. The stock’s 50 day simple moving average is $191.02 and its 200 day simple moving average is $183.06. iShares Russell 1000 Value ETF has a twelve month low of $155.30 and a twelve month high of $197.87. The company has a market capitalization of $61.93 billion, a price-to-earnings ratio of 17.81 and a beta of 0.77.

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).