SlateStone Wealth LLC Has $14.42 Million Stock Holdings in iShares Russell 1000 Value ETF $IWD

SlateStone Wealth LLC raised its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 9.4% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 74,257 shares of the exchange traded fund’s stock after purchasing an additional 6,362 shares during the period. iShares Russell 1000 Value ETF accounts for 1.3% of SlateStone Wealth LLC’s holdings, making the stock its 15th biggest holding. SlateStone Wealth LLC’s holdings in iShares Russell 1000 Value ETF were worth $14,423,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently made changes to their positions in IWD. JPMorgan Chase & Co. increased its position in iShares Russell 1000 Value ETF by 140.0% in the 2nd quarter. JPMorgan Chase & Co. now owns 9,153,000 shares of the exchange traded fund’s stock valued at $1,777,787,000 after buying an additional 32,036,243 shares in the last quarter. Goldman Sachs Group Inc. lifted its holdings in shares of iShares Russell 1000 Value ETF by 2.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 15,629,692 shares of the exchange traded fund’s stock worth $2,940,883,000 after purchasing an additional 363,429 shares in the last quarter. American Century Companies Inc. increased its stake in iShares Russell 1000 Value ETF by 62.3% during the 1st quarter. American Century Companies Inc. now owns 935,164 shares of the exchange traded fund’s stock valued at $175,960,000 after purchasing an additional 358,906 shares in the last quarter. Nuveen LLC bought a new stake in iShares Russell 1000 Value ETF during the 1st quarter valued at $58,271,000. Finally, Independence Asset Advisors LLC acquired a new position in iShares Russell 1000 Value ETF during the second quarter worth $59,496,000. Institutional investors and hedge funds own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Trading Up 0.7%

iShares Russell 1000 Value ETF stock opened at $204.48 on Tuesday. The firm has a market capitalization of $65.05 billion, a price-to-earnings ratio of 18.83 and a beta of 0.89. The firm’s fifty day moving average price is $203.77 and its two-hundred day moving average price is $197.96. iShares Russell 1000 Value ETF has a 1-year low of $163.19 and a 1-year high of $208.66.

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).