Ledyard National Bank cut its position in iShares Russell 1000 Value ETF (NYSEARCA:IWD – Free Report) by 92.4% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 1,562 shares of the exchange traded fund’s stock after selling 18,929 shares during the period. Ledyard National Bank’s holdings in iShares Russell 1000 Value ETF were worth $387,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Baird Financial Group Inc. raised 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 acquiring an additional 165,599 shares in the last quarter. Greenleaf Trust lifted its stake in iShares Russell 1000 Value ETF by 20,660.3% in the second quarter. Greenleaf Trust now owns 1,491,213 shares of the exchange traded fund’s stock valued at $116,166,000 after acquiring an additional 1,484,030 shares during the last quarter. Stairway Partners LLC bought a new position in shares of iShares Russell 1000 Value ETF in the 3rd quarter valued at about $326,735,000. Fifth Third Bancorp grew its position 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 acquiring an additional 910,889 shares during the period. Finally, Bank of New York Mellon Corp increased its stake in shares of iShares Russell 1000 Value ETF by 5.3% during the 1st quarter. Bank of New York Mellon Corp now owns 903,575 shares of the exchange traded fund’s stock worth $193,067,000 after purchasing an additional 45,283 shares during the last quarter. 84.93% of the stock is owned by institutional investors.
iShares Russell 1000 Value ETF Price Performance
iShares Russell 1000 Value ETF stock opened at $257.42 on Friday. The company’s 50-day moving average is $254.61 and its 200-day moving average is $244.98. The firm has a market capitalization of $84.23 billion, a PE ratio of 18.83 and a beta of 0.84. iShares Russell 1000 Value ETF has a fifty-two week low of $199.79 and a fifty-two week high of $260.19.
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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