Merriman Wealth Management LLC Grows Stock Position in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Merriman Wealth Management LLC lifted its position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 32.5% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,134 shares of the exchange traded fund’s stock after acquiring an additional 523 shares during the quarter. Merriman Wealth Management LLC’s holdings in iShares Russell 1000 Value ETF were worth $372,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in IWD. Platform Technology Partners purchased a new position in shares of iShares Russell 1000 Value ETF during the fourth quarter valued at approximately $244,000. Objectivity Squared LLC grew its position in iShares Russell 1000 Value ETF by 6.6% in the 2nd quarter. Objectivity Squared LLC now owns 51,759 shares of the exchange traded fund’s stock valued at $9,440,000 after acquiring an additional 3,215 shares during the last quarter. Oarsman Capital Inc. bought a new position in iShares Russell 1000 Value ETF in the 4th quarter valued at $2,613,000. Westwood Holdings Group Inc. increased its stake in iShares Russell 1000 Value ETF by 1.6% in the fourth quarter. Westwood Holdings Group Inc. now owns 96,373 shares of the exchange traded fund’s stock worth $15,926,000 after purchasing an additional 1,561 shares during the period. Finally, Raymond James & Associates lifted its position in shares of iShares Russell 1000 Value ETF by 0.3% during the second quarter. Raymond James & Associates now owns 3,644,049 shares of the exchange traded fund’s stock worth $635,777,000 after purchasing an additional 11,960 shares during the last quarter.

iShares Russell 1000 Value ETF Trading Down 0.3 %

Shares of IWD opened at $188.64 on Friday. The firm has a fifty day moving average price of $182.77 and a 200-day moving average price of $177.73. The firm has a market capitalization of $59.09 billion, a P/E ratio of 17.81 and a beta of 0.77. iShares Russell 1000 Value ETF has a 12-month low of $143.34 and a 12-month high of $189.77.

iShares Russell 1000 Value ETF Profile

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).