Kirtland Hills Capital Management LLC Buys New Shares in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Kirtland Hills Capital Management LLC purchased a new stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 3,043 shares of the exchange traded fund’s stock, valued at approximately $578,000.

Several other large investors have also recently added to or reduced their stakes in IWD. Objectivity Squared LLC raised its position in iShares Russell 1000 Value ETF by 6.6% in the second quarter. Objectivity Squared LLC now owns 51,759 shares of the exchange traded fund’s stock worth $9,440,000 after purchasing an additional 3,215 shares in the last quarter. Raymond James & Associates boosted its stake in iShares Russell 1000 Value ETF by 0.3% in the 2nd quarter. Raymond James & Associates now owns 3,644,049 shares of the exchange traded fund’s stock valued at $635,777,000 after buying an additional 11,960 shares in the last quarter. Bank of New York Mellon Corp boosted its stake in iShares Russell 1000 Value ETF by 8.8% in the 2nd quarter. Bank of New York Mellon Corp now owns 866,591 shares of the exchange traded fund’s stock valued at $151,194,000 after buying an additional 70,330 shares in the last quarter. Lake Hills Wealth Management LLC bought a new stake in iShares Russell 1000 Value ETF in the third quarter valued at $271,000. Finally, Brookstone Capital Management raised its stake in iShares Russell 1000 Value ETF by 5.4% during the second quarter. Brookstone Capital Management now owns 10,530 shares of the exchange traded fund’s stock worth $1,925,000 after acquiring an additional 536 shares in the last quarter.

iShares Russell 1000 Value ETF Stock Performance

Shares of NYSEARCA:IWD opened at $193.27 on Wednesday. The company’s fifty day moving average is $190.36 and its 200-day moving average is $182.67. iShares Russell 1000 Value ETF has a 52 week low of $154.04 and a 52 week high of $197.21. The company has a market capitalization of $60.54 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).