Montecito Bank & Trust purchased a new position in iShares Russell 1000 Value ETF (NYSEARCA:IWD – Free Report) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 46,442 shares of the exchange traded fund’s stock, valued at approximately $11,514,000. iShares Russell 1000 Value ETF accounts for 1.8% of Montecito Bank & Trust’s holdings, making the stock its 13th biggest position.
A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Evanson Financial LLC bought a new position in iShares Russell 1000 Value ETF in the 2nd quarter valued at $3,582,000. NFJ Investment Group LLC boosted its stake in shares of iShares Russell 1000 Value ETF by 1,705.2% during the fourth quarter. NFJ Investment Group LLC now owns 41,105 shares of the exchange traded fund’s stock valued at $8,646,000 after purchasing an additional 38,828 shares during the period. HB Wealth Management LLC boosted its stake in shares of iShares Russell 1000 Value ETF by 3.4% during the second quarter. HB Wealth Management LLC now owns 244,415 shares of the exchange traded fund’s stock valued at $59,254,000 after purchasing an additional 8,104 shares during the period. WCG Wealth Advisors LLC grew its holdings in shares of iShares Russell 1000 Value ETF by 18.9% in the fourth quarter. WCG Wealth Advisors LLC now owns 14,894 shares of the exchange traded fund’s stock worth $3,133,000 after purchasing an additional 2,372 shares during the last quarter. Finally, SB Capital Management Inc bought a new position in shares of iShares Russell 1000 Value ETF in the fourth quarter worth about $2,685,000. 84.93% of the stock is owned by institutional investors.
iShares Russell 1000 Value ETF Stock Up 0.1%
IWD stock traded up $0.31 during trading on Thursday, hitting $248.24. The company had a trading volume of 2,803,708 shares, compared to its average volume of 2,702,885. The firm has a market capitalization of $81.00 billion, a P/E ratio of 18.83 and a beta of 0.83. iShares Russell 1000 Value ETF has a 52-week low of $199.40 and a 52-week high of $260.19. The company has a 50 day simple moving average of $254.63 and a 200-day simple moving average of $240.38.
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.
Read More
- Five stocks we like better than iShares Russell 1000 Value ETF
- Everyone in AI Is Quietly Copying Palantir’s Playbook
- Advanced Micro Devices Is Spending $8.2 Billion to Learn What AI Needs Next
- JPMorgan Bets on Genius Sports as the Market Loses Patience
- Apple’s $5.7 Billion Patent Verdict Raises a Bigger Royalty Question
Want to see what other hedge funds are holding IWD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Russell 1000 Value ETF (NYSEARCA:IWD – Free Report).
Receive News & Ratings for iShares Russell 1000 Value ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Russell 1000 Value ETF and related companies with MarketBeat.com's FREE daily email newsletter.
