Farmers & Merchants Investments Inc. Grows Stock Holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Farmers & Merchants Investments Inc. boosted its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 8.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 7,641 shares of the exchange traded fund’s stock after buying an additional 595 shares during the quarter. Farmers & Merchants Investments Inc.’s holdings in iShares Russell 1000 Value ETF were worth $1,415,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in IWD. International Assets Investment Management LLC grew its stake in iShares Russell 1000 Value ETF by 20,632.6% in the 3rd quarter. International Assets Investment Management LLC now owns 1,407,533 shares of the exchange traded fund’s stock valued at $267,150,000 after acquiring an additional 1,400,744 shares during the last quarter. BNP Paribas Financial Markets lifted its holdings in shares of iShares Russell 1000 Value ETF by 1,200,216.9% in the third quarter. BNP Paribas Financial Markets now owns 780,206 shares of the exchange traded fund’s stock valued at $148,083,000 after purchasing an additional 780,141 shares in the last quarter. Strategic Financial Concepts LLC grew its position in shares of iShares Russell 1000 Value ETF by 18,440.5% in the fourth quarter. Strategic Financial Concepts LLC now owns 420,683 shares of the exchange traded fund’s stock valued at $77,881,000 after purchasing an additional 418,414 shares during the last quarter. FSA Wealth Management LLC purchased a new position in shares of iShares Russell 1000 Value ETF during the 3rd quarter worth approximately $48,404,000. Finally, Kovitz Investment Group Partners LLC raised its position in shares of iShares Russell 1000 Value ETF by 24.6% during the 3rd quarter. Kovitz Investment Group Partners LLC now owns 825,144 shares of the exchange traded fund’s stock worth $156,612,000 after purchasing an additional 162,971 shares during the last quarter.

iShares Russell 1000 Value ETF Stock Performance

IWD stock opened at $193.25 on Friday. The stock’s 50 day moving average price is $190.39 and its 200 day moving average price is $188.74. The firm has a market cap of $60.54 billion, a P/E ratio of 17.81 and a beta of 0.77. iShares Russell 1000 Value ETF has a 1 year low of $164.34 and a 1 year high of $200.42.

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).