SlateStone Wealth LLC Grows Holdings in iShares Russell 1000 Value ETF $IWD

SlateStone Wealth LLC lifted its position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 14.1% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 84,719 shares of the exchange traded fund’s stock after purchasing an additional 10,462 shares during the quarter. iShares Russell 1000 Value ETF accounts for about 1.5% of SlateStone Wealth LLC’s holdings, making the stock its 13th largest holding. SlateStone Wealth LLC’s holdings in iShares Russell 1000 Value ETF were worth $17,248,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Brighton Jones LLC boosted its stake in shares of iShares Russell 1000 Value ETF by 8.9% in the 4th quarter. Brighton Jones LLC now owns 36,663 shares of the exchange traded fund’s stock valued at $6,787,000 after purchasing an additional 2,981 shares in the last quarter. Bison Wealth LLC lifted its stake in iShares Russell 1000 Value ETF by 13.9% in the fourth quarter. Bison Wealth LLC now owns 4,121 shares of the exchange traded fund’s stock worth $763,000 after purchasing an additional 502 shares during the last quarter. SteelPeak Wealth LLC increased its holdings in shares of iShares Russell 1000 Value ETF by 7.1% in the second quarter. SteelPeak Wealth LLC now owns 1,640 shares of the exchange traded fund’s stock worth $319,000 after buying an additional 109 shares during the period. First Merchants Corp lifted its stake in shares of iShares Russell 1000 Value ETF by 3.1% in the 2nd quarter. First Merchants Corp now owns 23,935 shares of the exchange traded fund’s stock valued at $4,649,000 after acquiring an additional 710 shares during the last quarter. Finally, Fulton Breakefield Broenniman LLC purchased a new stake in iShares Russell 1000 Value ETF during the 2nd quarter valued at about $202,000. 84.93% of the stock is currently owned by institutional investors.

iShares Russell 1000 Value ETF Stock Performance

Shares of IWD stock opened at $223.25 on Friday. The company has a market capitalization of $69.55 billion, a P/E ratio of 18.83 and a beta of 0.89. iShares Russell 1000 Value ETF has a fifty-two week low of $163.19 and a fifty-two week high of $223.44. The stock has a 50 day moving average price of $214.53 and a two-hundred day moving average price of $206.22.

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). The Index represents approximately 50% of the total market capitalization of the Russell 1000 Index. The Index measures the large-capital value sector of the United States equity market.