Fifth Third Bancorp lifted its holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD – Free Report) by 324.3% in the first quarter, HoldingsChannel reports. The firm owned 1,191,768 shares of the exchange traded fund’s stock after purchasing an additional 910,889 shares during the quarter. Fifth Third Bancorp’s holdings in iShares Russell 1000 Value ETF were worth $254,645,000 at the end of the most recent reporting period.
Other large investors also recently bought and sold shares of the company. Brighton Jones LLC raised its position in shares of iShares Russell 1000 Value ETF by 8.9% during the 4th quarter. Brighton Jones LLC now owns 36,663 shares of the exchange traded fund’s stock valued at $6,787,000 after buying an additional 2,981 shares in the last quarter. Bison Wealth LLC grew its position 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 acquiring an additional 502 shares in the last quarter. Schnieders Capital Management LLC. increased its stake in iShares Russell 1000 Value ETF by 39.1% during the second quarter. Schnieders Capital Management LLC. now owns 3,876 shares of the exchange traded fund’s stock worth $753,000 after acquiring an additional 1,089 shares during the last quarter. Qube Research & Technologies Ltd bought a new stake in iShares Russell 1000 Value ETF during the second quarter worth approximately $3,847,000. Finally, Sei Investments Co. raised its position in iShares Russell 1000 Value ETF by 12.7% during the second quarter. Sei Investments Co. now owns 32,275 shares of the exchange traded fund’s stock valued at $6,269,000 after purchasing an additional 3,637 shares during the period. Institutional investors own 84.93% of the company’s stock.
iShares Russell 1000 Value ETF Price Performance
Shares of NYSEARCA:IWD traded up $0.46 during trading on Friday, hitting $246.84. The company had a trading volume of 1,205,873 shares, compared to its average volume of 3,175,791. The stock has a market cap of $81.47 billion, a price-to-earnings ratio of 18.83 and a beta of 0.84. iShares Russell 1000 Value ETF has a one year low of $191.64 and a one year high of $249.26. The company has a fifty day simple moving average of $239.17 and a two-hundred day simple moving average of $226.24.
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). 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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