Legal & General Group Plc Sells 5,695 Shares of iShares Russell 1000 Value ETF $IWD

Legal & General Group Plc reduced its position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 22.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 20,121 shares of the exchange traded fund’s stock after selling 5,695 shares during the period. Legal & General Group Plc’s holdings in iShares Russell 1000 Value ETF were worth $4,254,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in the company. Raymond James Financial Inc. lifted its position in shares of iShares Russell 1000 Value ETF by 3.5% during the third quarter. Raymond James Financial Inc. now owns 5,154,926 shares of the exchange traded fund’s stock valued at $1,049,492,000 after purchasing an additional 176,135 shares in the last quarter. Northern Trust Corp lifted its position in shares of iShares Russell 1000 Value ETF by 3.4% during the third quarter. Northern Trust Corp now owns 4,886,290 shares of the exchange traded fund’s stock valued at $994,800,000 after purchasing an additional 162,782 shares in the last quarter. M&T Bank Corp lifted its position in shares of iShares Russell 1000 Value ETF by 0.9% during the fourth quarter. M&T Bank Corp now owns 3,785,045 shares of the exchange traded fund’s stock valued at $796,147,000 after purchasing an additional 32,694 shares in the last quarter. PNC Financial Services Group Inc. lifted its position in shares of iShares Russell 1000 Value ETF by 4.9% during the fourth quarter. PNC Financial Services Group Inc. now owns 3,557,589 shares of the exchange traded fund’s stock valued at $748,303,000 after purchasing an additional 165,919 shares in the last quarter. Finally, Truist Financial Corp raised its position in iShares Russell 1000 Value ETF by 4.7% in the fourth quarter. Truist Financial Corp now owns 2,344,574 shares of the exchange traded fund’s stock worth $493,158,000 after acquiring an additional 105,648 shares during the period. 84.93% of the stock is owned by institutional investors.

iShares Russell 1000 Value ETF Stock Performance

Shares of IWD stock opened at $237.27 on Tuesday. The firm has a market cap of $76.21 billion, a price-to-earnings ratio of 18.83 and a beta of 0.84. iShares Russell 1000 Value ETF has a 52 week low of $188.55 and a 52 week high of $241.35. The firm’s 50-day simple moving average is $228.87 and its two-hundred day simple moving average is $220.51.

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.