320,407 Shares of iShares Russell 1000 Value ETF $IWD Acquired by StoneX Group Inc.

StoneX Group Inc. purchased a new position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) during the 3rd quarter, Holdings Channel reports. The institutional investor purchased 320,407 shares of the exchange traded fund’s stock, valued at approximately $79,441,000. iShares Russell 1000 Value ETF accounts for about 2.9% of StoneX Group Inc.’s holdings, making the stock its 3rd biggest position.

A number of other hedge funds have also bought and sold shares of the company. Baird Financial Group Inc. increased its holdings in iShares Russell 1000 Value ETF by 2.7% in the second quarter. Baird Financial Group Inc. now owns 6,192,377 shares of the exchange traded fund’s stock valued at $1,501,218,000 after buying an additional 165,599 shares during the last quarter. Commonwealth Equity Services LLC acquired a new stake in iShares Russell 1000 Value ETF during the third quarter valued at approximately $374,407,000. Greenleaf Trust lifted its holdings in iShares Russell 1000 Value ETF by 20,660.3% during the 2nd quarter. Greenleaf Trust now owns 1,491,213 shares of the exchange traded fund’s stock worth $116,166,000 after buying an additional 1,484,030 shares during the last quarter. Stairway Partners LLC bought a new position in iShares Russell 1000 Value ETF during the 3rd quarter worth approximately $326,735,000. Finally, Fifth Third Bancorp lifted its holdings in iShares Russell 1000 Value ETF by 324.3% during the 1st quarter. Fifth Third Bancorp now owns 1,191,768 shares of the exchange traded fund’s stock worth $254,645,000 after buying an additional 910,889 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 0.4%

Shares of IWD opened at $257.45 on Friday. The firm has a market cap of $82.83 billion, a price-to-earnings ratio of 18.83 and a beta of 0.84. The stock has a 50 day moving average of $254.98 and a 200-day moving average of $239.16. iShares Russell 1000 Value ETF has a 52 week low of $199.79 and a 52 week high of $267.24.

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.