iShares Russell 1000 Value ETF $IWD is M&T Bank Corp’s 7th Largest Position

M&T Bank Corp grew its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 0.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,785,045 shares of the exchange traded fund’s stock after buying an additional 32,694 shares during the period. iShares Russell 1000 Value ETF accounts for 2.6% of M&T Bank Corp’s holdings, making the stock its 7th biggest position. M&T Bank Corp’s holdings in iShares Russell 1000 Value ETF were worth $796,147,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Reyes Financial Architecture Inc. purchased a new position in shares of iShares Russell 1000 Value ETF during the fourth quarter worth $25,000. Holos Integrated Wealth LLC acquired a new stake in shares of iShares Russell 1000 Value ETF in the fourth quarter valued at about $31,000. Grand Wealth Management LLC acquired a new stake in shares of iShares Russell 1000 Value ETF in the fourth quarter valued at about $31,000. Eagle Bay Advisors LLC acquired a new stake in shares of iShares Russell 1000 Value ETF in the fourth quarter valued at about $36,000. Finally, Davis Capital Management acquired a new stake in shares of iShares Russell 1000 Value ETF in the third quarter valued at about $38,000. Hedge funds and other institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Stock Performance

IWD opened at $230.86 on Monday. The firm has a market capitalization of $74.15 billion, a PE ratio of 18.83 and a beta of 0.84. iShares Russell 1000 Value ETF has a twelve month low of $182.36 and a twelve month high of $232.26. The firm’s 50-day moving average price is $220.41 and its 200 day moving average price is $215.04.

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.