Adirondack Trust Co. Buys 130 Shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Adirondack Trust Co. grew its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 2.8% during the fourth quarter, Holdings Channel.com reports. The fund owned 4,817 shares of the exchange traded fund’s stock after purchasing an additional 130 shares during the quarter. Adirondack Trust Co.’s holdings in iShares Russell 1000 Value ETF were worth $892,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the stock. Eagle Bay Advisors LLC bought a new position in shares of iShares Russell 1000 Value ETF during the third quarter valued at approximately $32,000. Nemes Rush Group LLC boosted its stake 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 in the last quarter. Carmichael Hill & Associates Inc. boosted its stake in shares of 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 in the last quarter. Northwest Investment Counselors LLC bought a new position in shares of iShares Russell 1000 Value ETF during the third quarter valued at approximately $44,000. Finally, Howe & Rusling Inc. boosted its stake in shares of iShares Russell 1000 Value ETF by 144.1% during the third quarter. Howe & Rusling Inc. now owns 249 shares of the exchange traded fund’s stock valued at $47,000 after purchasing an additional 147 shares in the last quarter.

iShares Russell 1000 Value ETF Stock Performance

NYSEARCA IWD opened at $192.65 on Thursday. The company has a market cap of $60.35 billion, a PE ratio of 17.81 and a beta of 0.77. iShares Russell 1000 Value ETF has a 52-week low of $163.99 and a 52-week high of $200.42. The firm’s 50 day moving average price is $191.07 and its 200-day moving average price is $187.56.

iShares Russell 1000 Value ETF Company 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).