Adirondack Trust Co. Buys 770 Shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Adirondack Trust Co. increased its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 19.7% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,687 shares of the exchange traded fund’s stock after purchasing an additional 770 shares during the quarter. Adirondack Trust Co.’s holdings in iShares Russell 1000 Value ETF were worth $890,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Triad Wealth Partners LLC bought a new stake in iShares Russell 1000 Value ETF during the 2nd quarter worth $25,000. Opal Wealth Advisors LLC acquired a new stake in shares of iShares Russell 1000 Value ETF during the second quarter valued at about $28,000. Concord Wealth Partners grew its holdings in shares of iShares Russell 1000 Value ETF by 70.4% during the first quarter. Concord Wealth Partners now owns 167 shares of the exchange traded fund’s stock worth $30,000 after purchasing an additional 69 shares during the last quarter. Nemes Rush Group LLC increased its stake in shares of iShares Russell 1000 Value ETF by 382.1% in the second quarter. Nemes Rush Group LLC now owns 188 shares of the exchange traded fund’s stock valued at $33,000 after buying an additional 149 shares during the period. Finally, Family Firm Inc. bought a new position in iShares Russell 1000 Value ETF in the 2nd quarter valued at approximately $37,000.

iShares Russell 1000 Value ETF Price Performance

NYSEARCA:IWD opened at $189.88 on Thursday. iShares Russell 1000 Value ETF has a one year low of $143.34 and a one year high of $190.37. The firm’s 50 day simple moving average is $184.68 and its 200 day simple moving average is $178.94. The company has a market cap of $59.48 billion, a PE ratio of 17.81 and a beta of 0.77.

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).