iShares Russell 1000 Value ETF $IWD Shares Acquired by Webster Bank N. A.

Webster Bank N. A. lifted its position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 11.5% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 46,445 shares of the exchange traded fund’s stock after acquiring an additional 4,780 shares during the quarter. iShares Russell 1000 Value ETF accounts for approximately 0.9% of Webster Bank N. A.’s investment portfolio, making the stock its 25th biggest holding. Webster Bank N. A.’s holdings in iShares Russell 1000 Value ETF were worth $9,924,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of the business. Morgan Stanley boosted its position in iShares Russell 1000 Value ETF by 9.0% during the fourth quarter. Morgan Stanley now owns 39,663,587 shares of the exchange traded fund’s stock worth $8,342,840,000 after purchasing an additional 3,280,476 shares in the last quarter. Bank of America Corp DE increased its position in shares of iShares Russell 1000 Value ETF by 5.4% in the fourth quarter. Bank of America Corp DE now owns 52,256,616 shares of the exchange traded fund’s stock valued at $10,991,657,000 after buying an additional 2,686,078 shares in the last quarter. 71 West Capital Partners purchased a new stake in shares of iShares Russell 1000 Value ETF in the fourth quarter valued at approximately $240,065,000. Wells Fargo & Company MN raised its stake in shares of iShares Russell 1000 Value ETF by 20.3% during the 4th quarter. Wells Fargo & Company MN now owns 5,895,769 shares of the exchange traded fund’s stock worth $1,240,116,000 after buying an additional 995,230 shares during the period. Finally, Focus Partners Wealth raised its stake in shares of iShares Russell 1000 Value ETF by 151.8% during the 4th quarter. Focus Partners Wealth now owns 1,412,808 shares of the exchange traded fund’s stock worth $297,152,000 after buying an additional 851,770 shares during the period. 84.93% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell 1000 Value ETF Price Performance

Shares of NYSEARCA:IWD opened at $243.53 on Tuesday. iShares Russell 1000 Value ETF has a 1 year low of $188.55 and a 1 year high of $245.51. The firm has a market capitalization of $78.22 billion, a price-to-earnings ratio of 18.83 and a beta of 0.84. The business’s 50 day moving average price is $233.93 and its 200-day moving average price is $222.97.

iShares Russell 1000 Value ETF Company 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.