iShares Russell 1000 Value ETF $IWD Position Trimmed by Canandaigua National Bank & Trust Co.

Canandaigua National Bank & Trust Co. trimmed its holdings in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 49.1% in the 3rd quarter, Holdings Channel.com reports. The firm owned 47,708 shares of the exchange traded fund’s stock after selling 46,010 shares during the period. iShares Russell 1000 Value ETF makes up approximately 1.1% of Canandaigua National Bank & Trust Co.’s portfolio, making the stock its 19th largest holding. Canandaigua National Bank & Trust Co.’s holdings in iShares Russell 1000 Value ETF were worth $11,828,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. JPMorgan Chase & Co. increased its position in iShares Russell 1000 Value ETF by 3.8% during the 4th quarter. JPMorgan Chase & Co. now owns 9,251,710 shares of the exchange traded fund’s stock valued at $1,946,005,000 after buying an additional 338,948 shares in the last quarter. Baird Financial Group Inc. boosted 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 worth $1,501,218,000 after acquiring an additional 165,599 shares in the last quarter. Wells Fargo & Company MN boosted its holdings in iShares Russell 1000 Value ETF by 20.3% in the fourth quarter. Wells Fargo & Company MN now owns 5,895,769 shares of the exchange traded fund’s stock worth $1,240,116,000 after acquiring an additional 995,230 shares in the last quarter. Stairway Partners LLC purchased a new stake in shares of iShares Russell 1000 Value ETF in the third quarter worth $326,735,000. Finally, Rockefeller Capital Management L.P. increased its holdings in shares of iShares Russell 1000 Value ETF by 28.5% during the fourth quarter. Rockefeller Capital Management L.P. now owns 1,440,501 shares of the exchange traded fund’s stock valued at $302,995,000 after acquiring an additional 319,319 shares in the last quarter. 84.93% of the stock is owned by institutional investors.

iShares Russell 1000 Value ETF Price Performance

iShares Russell 1000 Value ETF stock traded down $0.96 during mid-day trading on Wednesday, reaching $250.78. The stock had a trading volume of 1,150,419 shares, compared to its average volume of 2,676,230. The company has a market capitalization of $81.92 billion, a price-to-earnings ratio of 18.83 and a beta of 0.84. The company has a 50-day moving average price of $254.70 and a two-hundred day moving average price of $241.34. iShares Russell 1000 Value ETF has a one year low of $199.40 and a one year high of $260.19.

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.