Meeder Asset Management Inc. Acquires 2,108 Shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Meeder Asset Management Inc. raised its holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 1.5% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 145,666 shares of the exchange traded fund’s stock after purchasing an additional 2,108 shares during the quarter. iShares Russell 1000 Value ETF accounts for about 1.1% of Meeder Asset Management Inc.’s holdings, making the stock its 15th biggest position. Meeder Asset Management Inc.’s holdings in iShares Russell 1000 Value ETF were worth $22,076,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also added to or reduced their stakes in IWD. Oliver Luxxe Assets LLC bought a new position in shares of iShares Russell 1000 Value ETF during the fourth quarter worth approximately $388,000. Thomasville National Bank grew its position in iShares Russell 1000 Value ETF by 2.0% during the fourth quarter. Thomasville National Bank now owns 7,919 shares of the exchange traded fund’s stock worth $1,083,000 after buying an additional 152 shares in the last quarter. DB Wealth Management Group LLC acquired a new stake in iShares Russell 1000 Value ETF during the fourth quarter worth approximately $598,000. GWM Advisors LLC grew its position in iShares Russell 1000 Value ETF by 11.3% during the first quarter. GWM Advisors LLC now owns 44,802 shares of the exchange traded fund’s stock worth $6,789,000 after buying an additional 4,551 shares in the last quarter. Finally, Hallmark Capital Management Inc. grew its position in iShares Russell 1000 Value ETF by 185.1% during the fourth quarter. Hallmark Capital Management Inc. now owns 9,836 shares of the exchange traded fund’s stock worth $1,345,000 after buying an additional 6,386 shares in the last quarter.

NYSEARCA:IWD traded down $0.67 during trading hours on Tuesday, reaching $157.89. 170,944 shares of the company were exchanged, compared to its average volume of 2,803,260. iShares Russell 1000 Value ETF has a 1-year low of $100.93 and a 1-year high of $159.28. The business has a 50 day moving average of $154.10 and a 200 day moving average of $140.42.

About iShares Russell 1000 Value ETF

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).

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Institutional Ownership by Quarter for iShares Russell 1000 Value ETF (NYSEARCA:IWD)

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