Centennial Bank AR lowered its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD – Free Report) by 26.0% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 15,569 shares of the exchange traded fund’s stock after selling 5,474 shares during the quarter. iShares Russell 1000 Value ETF comprises about 1.2% of Centennial Bank AR’s holdings, making the stock its 26th largest position. Centennial Bank AR’s holdings in iShares Russell 1000 Value ETF were worth $3,327,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other large investors have also modified their holdings of the stock. Morgan Stanley grew its holdings in iShares Russell 1000 Value ETF by 9.0% in the fourth quarter. Morgan Stanley now owns 39,663,587 shares of the exchange traded fund’s stock valued at $8,342,840,000 after purchasing an additional 3,280,476 shares during the period. Bank of America Corp DE raised its stake in iShares Russell 1000 Value ETF by 5.4% during the fourth quarter. Bank of America Corp DE now owns 52,256,616 shares of the exchange traded fund’s stock worth $10,991,657,000 after purchasing an additional 2,686,078 shares during the period. 71 West Capital Partners purchased a new position in iShares Russell 1000 Value ETF during the fourth quarter worth approximately $240,065,000. Wells Fargo & Company MN boosted its holdings in shares of iShares Russell 1000 Value ETF by 20.3% in the 4th quarter. Wells Fargo & Company MN now owns 5,895,769 shares of the exchange traded fund’s stock valued at $1,240,116,000 after purchasing an additional 995,230 shares during the last quarter. Finally, Fifth Third Bancorp boosted its holdings in shares of iShares Russell 1000 Value ETF by 324.3% in the 1st quarter. Fifth Third Bancorp now owns 1,191,768 shares of the exchange traded fund’s stock valued at $254,645,000 after purchasing an additional 910,889 shares during the last quarter. 84.93% of the stock is currently owned by hedge funds and other institutional investors.
iShares Russell 1000 Value ETF Stock Down 0.6%
IWD stock opened at $248.03 on Friday. The company has a market cap of $81.81 billion, a price-to-earnings ratio of 18.83 and a beta of 0.84. The business has a fifty day simple moving average of $240.67 and a 200-day simple moving average of $227.49. iShares Russell 1000 Value ETF has a 52 week low of $191.64 and a 52 week high of $250.50.
iShares Russell 1000 Value ETF 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.
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