First Business Financial Services Inc. Has $63.41 Million Position in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

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First Business Financial Services Inc. increased its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 2.1% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 494,375 shares of the exchange traded fund’s stock after acquiring an additional 10,018 shares during the quarter. iShares Russell 1000 Value ETF comprises 10.8% of First Business Financial Services Inc.’s investment portfolio, making the stock its 3rd biggest position. First Business Financial Services Inc.’s holdings in iShares Russell 1000 Value ETF were worth $63,409,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Orgel Wealth Management LLC lifted its holdings in shares of iShares Russell 1000 Value ETF by 3.1% during the 2nd quarter. Orgel Wealth Management LLC now owns 2,688 shares of the exchange traded fund’s stock worth $342,000 after acquiring an additional 80 shares during the period. Sharkey Howes & Javer lifted its holdings in shares of iShares Russell 1000 Value ETF by 0.6% during the 3rd quarter. Sharkey Howes & Javer now owns 12,497 shares of the exchange traded fund’s stock worth $1,603,000 after acquiring an additional 80 shares during the period. McIlrath & Eck LLC lifted its holdings in shares of iShares Russell 1000 Value ETF by 3.8% during the 3rd quarter. McIlrath & Eck LLC now owns 2,188 shares of the exchange traded fund’s stock worth $281,000 after acquiring an additional 80 shares during the period. Patriot Financial Group Insurance Agency LLC lifted its holdings in shares of iShares Russell 1000 Value ETF by 2.5% during the 3rd quarter. Patriot Financial Group Insurance Agency LLC now owns 3,504 shares of the exchange traded fund’s stock worth $449,000 after acquiring an additional 87 shares during the period. Finally, Thomasville National Bank lifted its holdings in shares of iShares Russell 1000 Value ETF by 1.1% during the 2nd quarter. Thomasville National Bank now owns 8,718 shares of the exchange traded fund’s stock worth $1,109,000 after acquiring an additional 91 shares during the period.

Shares of iShares Russell 1000 Value ETF stock traded up $0.22 on Friday, reaching $133.12. 1,332,434 shares of the stock were exchanged, compared to its average volume of 1,963,868. The firm’s 50 day moving average is $128.66 and its 200-day moving average is $126.66. iShares Russell 1000 Value ETF has a one year low of $104.07 and a one year high of $133.43.

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).

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Want to see what other hedge funds are holding IWD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Russell 1000 Value ETF (NYSEARCA:IWD).

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

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