Farmers & Merchants Investments Inc. Increases Position in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Farmers & Merchants Investments Inc. increased its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 8.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund 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 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in IWD. Wilmington Savings Fund Society FSB grew its stake in shares of iShares Russell 1000 Value ETF by 23.2% in the 4th quarter. Wilmington Savings Fund Society FSB now owns 37,119 shares of the exchange traded fund’s stock valued at $6,872,000 after purchasing an additional 6,985 shares during the last quarter. Serenus Wealth Advisors LLC acquired a new stake in shares of iShares Russell 1000 Value ETF during the fourth quarter worth $2,459,000. Arlington Financial Advisors LLC purchased a new position in iShares Russell 1000 Value ETF in the 4th quarter valued at $265,000. Kingsview Wealth Management LLC increased its stake in iShares Russell 1000 Value ETF by 201.2% in the 4th quarter. Kingsview Wealth Management LLC now owns 46,835 shares of the exchange traded fund’s stock valued at $8,671,000 after buying an additional 31,288 shares during the period. Finally, Apollon Wealth Management LLC raised its position in iShares Russell 1000 Value ETF by 12.2% during the 4th quarter. Apollon Wealth Management LLC now owns 13,783 shares of the exchange traded fund’s stock worth $2,552,000 after buying an additional 1,498 shares during the last quarter.

iShares Russell 1000 Value ETF Stock Performance

IWD stock opened at $193.25 on Friday. The stock has a market capitalization of $60.54 billion, a PE ratio of 17.81 and a beta of 0.77. The company has a fifty day moving average of $190.39 and a 200-day moving average of $188.74. iShares Russell 1000 Value ETF has a one year low of $164.34 and a one year high of $200.42.

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).