Citizens Financial Group Inc. RI Reduces Stock Holdings in iShares Russell 1000 Value ETF $IWD

Citizens Financial Group Inc. RI reduced its position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 2.6% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 38,394 shares of the exchange traded fund’s stock after selling 1,036 shares during the period. Citizens Financial Group Inc. RI’s holdings in iShares Russell 1000 Value ETF were worth $7,457,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of IWD. Goldman Sachs Group Inc. grew its stake 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 valued at $2,940,883,000 after buying an additional 363,429 shares during the period. Envestnet Asset Management Inc. grew its position in iShares Russell 1000 Value ETF by 0.9% in the second quarter. Envestnet Asset Management Inc. now owns 6,599,784 shares of the exchange traded fund’s stock worth $1,281,871,000 after acquiring an additional 57,669 shares during the period. Baird Financial Group Inc. increased its stake in iShares Russell 1000 Value ETF by 1.8% during the first quarter. Baird Financial Group Inc. now owns 4,681,498 shares of the exchange traded fund’s stock worth $880,871,000 after acquiring an additional 81,955 shares during the last quarter. Northern Trust Corp raised its position in iShares Russell 1000 Value ETF by 5.9% in the first quarter. Northern Trust Corp now owns 4,518,369 shares of the exchange traded fund’s stock valued at $850,176,000 after purchasing an additional 253,088 shares during the period. Finally, LPL Financial LLC lifted its stake in shares of iShares Russell 1000 Value ETF by 6.2% in the 1st quarter. LPL Financial LLC now owns 3,949,393 shares of the exchange traded fund’s stock valued at $743,118,000 after purchasing an additional 229,198 shares during the last quarter. 84.93% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell 1000 Value ETF Trading Down 0.3%

NYSEARCA IWD opened at $204.79 on Monday. The stock has a fifty day simple moving average of $203.75 and a 200-day simple moving average of $197.17. The stock has a market cap of $65.14 billion, a PE ratio of 18.83 and a beta of 0.89. iShares Russell 1000 Value ETF has a twelve month low of $163.19 and a twelve month high of $208.66.

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).