iShares Russell 1000 Value ETF $IWD Stock Sold by Fifth Third Securities Inc.

Fifth Third Securities Inc. reduced its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 79.2% in the third quarter, HoldingsChannel reports. The firm owned 19,175 shares of the exchange traded fund’s stock after selling 73,073 shares during the period. Fifth Third Securities Inc.’s holdings in iShares Russell 1000 Value ETF were worth $4,754,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Baird Financial Group Inc. grew its stake in iShares Russell 1000 Value ETF by 2.7% during the 2nd quarter. Baird Financial Group Inc. now owns 6,192,377 shares of the exchange traded fund’s stock worth $1,501,218,000 after buying an additional 165,599 shares during the last quarter. Stairway Partners LLC acquired a new stake in iShares Russell 1000 Value ETF in the 3rd quarter worth approximately $326,735,000. Fifth Third Bancorp grew its holdings in shares of iShares Russell 1000 Value ETF by 324.3% during the first quarter. Fifth Third Bancorp now owns 1,191,768 shares of the exchange traded fund’s stock valued at $254,645,000 after buying an additional 910,889 shares during the last quarter. Bank of New York Mellon Corp lifted its position in iShares Russell 1000 Value ETF by 5.3% during the 1st quarter. Bank of New York Mellon Corp now owns 903,575 shares of the exchange traded fund’s stock worth $193,067,000 after acquiring an additional 45,283 shares during the period. Finally, 1ST Source Bank raised its stake in shares of iShares Russell 1000 Value ETF by 1.9% in the first quarter. 1ST Source Bank now owns 621,889 shares of the exchange traded fund’s stock worth $132,879,000 after purchasing an additional 11,697 shares during the last quarter. Hedge funds and other institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Stock Performance

NYSEARCA IWD traded up $0.50 during trading hours on Wednesday, reaching $258.20. The stock had a trading volume of 555,080 shares, compared to its average volume of 2,617,187. iShares Russell 1000 Value ETF has a 52-week low of $199.79 and a 52-week high of $260.19. The stock has a market cap of $84.48 billion, a P/E ratio of 18.83 and a beta of 0.84. The stock has a fifty day moving average of $254.62 and a 200 day moving average of $244.28.

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.