First Citizens Bank & Trust Co. acquired a new position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD – Free Report) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 64,478 shares of the exchange traded fund’s stock, valued at approximately $15,986,000.
Several other large investors also recently added to or reduced their stakes in IWD. Baird Financial Group Inc. increased its position in iShares Russell 1000 Value ETF by 2.7% during the second quarter. Baird Financial Group Inc. now owns 6,192,377 shares of the exchange traded fund’s stock worth $1,501,218,000 after purchasing an additional 165,599 shares during the last quarter. Greenleaf Trust boosted its holdings in iShares Russell 1000 Value ETF by 20,660.3% in the 2nd quarter. Greenleaf Trust now owns 1,491,213 shares of the exchange traded fund’s stock valued at $116,166,000 after purchasing an additional 1,484,030 shares during the last quarter. Rockefeller Capital Management L.P. boosted its holdings in iShares Russell 1000 Value ETF by 28.5% in the 4th quarter. Rockefeller Capital Management L.P. now owns 1,440,501 shares of the exchange traded fund’s stock valued at $302,995,000 after purchasing an additional 319,319 shares during the last quarter. Stairway Partners LLC acquired a new position in iShares Russell 1000 Value ETF in the 3rd quarter valued at about $326,735,000. Finally, Fifth Third Bancorp grew its stake in shares of iShares Russell 1000 Value ETF by 324.3% in the 1st quarter. Fifth Third Bancorp now owns 1,191,768 shares of the exchange traded fund’s stock valued at $254,645,000 after buying an additional 910,889 shares during the period. 84.93% of the stock is currently owned by hedge funds and other institutional investors.
iShares Russell 1000 Value ETF Stock Performance
IWD opened at $254.53 on Wednesday. The stock has a market capitalization of $83.27 billion, a PE ratio of 18.83 and a beta of 0.84. iShares Russell 1000 Value ETF has a one year low of $199.79 and a one year high of $260.19. The business’s 50 day moving average price is $254.75 and its 200 day moving average price is $242.74.
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). 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.
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