Community Trust & Investment Co. Invests $1.32 Million in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Community Trust & Investment Co. purchased a new stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) during the fourth quarter, HoldingsChannel.com reports. The institutional investor purchased 7,104 shares of the exchange traded fund’s stock, valued at approximately $1,315,000.

Several other institutional investors also recently modified their holdings of IWD. Eagle Bay Advisors LLC bought a new position in iShares Russell 1000 Value ETF during the 3rd quarter valued at about $32,000. Nemes Rush Group LLC raised its holdings in shares of iShares Russell 1000 Value ETF by 382.1% during the second quarter. Nemes Rush Group LLC now owns 188 shares of the exchange traded fund’s stock valued at $33,000 after purchasing an additional 149 shares during the last quarter. Carmichael Hill & Associates Inc. lifted its position in iShares Russell 1000 Value ETF by 536.1% during the third quarter. Carmichael Hill & Associates Inc. now owns 229 shares of the exchange traded fund’s stock valued at $43,000 after purchasing an additional 193 shares during the period. Northwest Investment Counselors LLC purchased a new stake in iShares Russell 1000 Value ETF in the third quarter worth approximately $44,000. Finally, Howe & Rusling Inc. grew its position in iShares Russell 1000 Value ETF by 144.1% in the 3rd quarter. Howe & Rusling Inc. now owns 249 shares of the exchange traded fund’s stock worth $47,000 after purchasing an additional 147 shares during the period.

iShares Russell 1000 Value ETF Trading Up 0.9 %

Shares of IWD opened at $186.82 on Wednesday. The firm has a fifty day simple moving average of $191.52 and a two-hundred day simple moving average of $186.91. The firm has a market cap of $58.52 billion, a PE ratio of 17.81 and a beta of 0.77. iShares Russell 1000 Value ETF has a 1-year low of $160.98 and a 1-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).