Marcum Wealth LLC Has $1.03 Million Position in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Marcum Wealth LLC increased its position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 1.7% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 6,495 shares of the exchange traded fund’s stock after buying an additional 110 shares during the quarter. Marcum Wealth LLC’s holdings in iShares Russell 1000 Value ETF were worth $1,030,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Red Door Wealth Management LLC bought a new position in shares of iShares Russell 1000 Value ETF in the second quarter valued at approximately $26,000. Regency Capital Management Inc. DE bought a new position in iShares Russell 1000 Value ETF in the 1st quarter worth approximately $27,000. Arete Wealth Advisors LLC grew its holdings in iShares Russell 1000 Value ETF by 71.9% during the 2nd quarter. Arete Wealth Advisors LLC now owns 20,791 shares of the exchange traded fund’s stock worth $28,000 after acquiring an additional 8,696 shares during the period. PNC Managed Account Solutions Inc. acquired a new stake in iShares Russell 1000 Value ETF during the 2nd quarter worth $65,000. Finally, Institutional & Family Asset Management LLC grew its holdings in iShares Russell 1000 Value ETF by 300.8% during the 1st quarter. Institutional & Family Asset Management LLC now owns 489 shares of the exchange traded fund’s stock worth $74,000 after acquiring an additional 367 shares during the period.

NYSEARCA:IWD traded up $0.59 on Wednesday, hitting $160.18. 83,166 shares of the company’s stock were exchanged, compared to its average volume of 2,719,234. The firm has a 50-day moving average price of $160.76 and a 200-day moving average price of $157.84. iShares Russell 1000 Value ETF has a 52 week low of $113.57 and a 52 week high of $164.12.

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).

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Institutional Ownership by Quarter for iShares Russell 1000 Value ETF (NYSEARCA:IWD)

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