Johnson Financial Group Inc. Reduces Holdings in iShares Russell 1000 Value ETF $IWD

Johnson Financial Group Inc. reduced its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 8.7% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 64,740 shares of the exchange traded fund’s stock after selling 6,186 shares during the quarter. iShares Russell 1000 Value ETF comprises about 0.5% of Johnson Financial Group Inc.’s portfolio, making the stock its 26th biggest position. Johnson Financial Group Inc.’s holdings in iShares Russell 1000 Value ETF were worth $13,180,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently made changes to their positions in the stock. Arkadios Wealth Advisors increased its holdings in iShares Russell 1000 Value ETF by 25.4% during the 3rd quarter. Arkadios Wealth Advisors now owns 73,261 shares of the exchange traded fund’s stock valued at $14,915,000 after acquiring an additional 14,842 shares in the last quarter. Americana Partners LLC raised its holdings in shares of iShares Russell 1000 Value ETF by 78.9% in the third quarter. Americana Partners LLC now owns 170,599 shares of the exchange traded fund’s stock valued at $34,732,000 after buying an additional 75,256 shares during the last quarter. 1ST Source Bank increased its holdings in shares of iShares Russell 1000 Value ETF by 1.3% during the third quarter. 1ST Source Bank now owns 686,114 shares of the exchange traded fund’s stock valued at $139,686,000 after purchasing an additional 8,737 shares during the period. Cullen Frost Bankers Inc. lifted its stake in iShares Russell 1000 Value ETF by 0.8% in the third quarter. Cullen Frost Bankers Inc. now owns 379,841 shares of the exchange traded fund’s stock valued at $77,332,000 after buying an additional 2,894 shares during the period. Finally, Apella Capital LLC raised its holdings in shares of iShares Russell 1000 Value ETF by 64.1% in the 3rd quarter. Apella Capital LLC now owns 73,272 shares of the exchange traded fund’s stock worth $14,789,000 after acquiring an additional 28,614 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 opened at $214.67 on Friday. The firm’s fifty day moving average is $220.53 and its two-hundred day moving average is $210.63. iShares Russell 1000 Value ETF has a one year low of $163.19 and a one year high of $226.39. The firm has a market cap of $66.88 billion, a price-to-earnings ratio of 18.83 and a beta of 0.89.

About iShares Russell 1000 Value ETF

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.