Parkside Financial Bank & Trust Reduces Stake in iShares Russell 1000 Value ETF $IWD

Parkside Financial Bank & Trust decreased its position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 2.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 104,716 shares of the exchange traded fund’s stock after selling 3,079 shares during the quarter. iShares Russell 1000 Value ETF makes up approximately 1.6% of Parkside Financial Bank & Trust’s portfolio, making the stock its 8th largest position. Parkside Financial Bank & Trust’s holdings in iShares Russell 1000 Value ETF were worth $21,319,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Clayton Financial Group LLC bought a new stake in iShares Russell 1000 Value ETF in the 3rd quarter worth about $27,000. Advantage Trust Co bought a new position in shares of iShares Russell 1000 Value ETF in the second quarter valued at approximately $29,000. RMG Wealth Management LLC purchased a new stake in shares of iShares Russell 1000 Value ETF during the second quarter valued at approximately $33,000. Access Investment Management LLC bought a new stake in iShares Russell 1000 Value ETF during the second quarter worth $35,000. Finally, Clarity Asset Management Inc. purchased a new position in iShares Russell 1000 Value ETF in the second quarter worth $35,000. Hedge funds and other institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Price Performance

NYSEARCA IWD opened at $219.71 on Friday. The business’s fifty day moving average is $211.33 and its 200-day moving average is $204.53. The stock has a market capitalization of $69.85 billion, a price-to-earnings ratio of 18.83 and a beta of 0.89. iShares Russell 1000 Value ETF has a one year low of $163.19 and a one year high of $220.72.

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.