BTC Capital Management Inc. Raises Stock Position in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

BTC Capital Management Inc. boosted its position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 14.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 96,998 shares of the exchange traded fund’s stock after acquiring an additional 12,321 shares during the period. iShares Russell 1000 Value ETF accounts for about 1.7% of BTC Capital Management Inc.’s holdings, making the stock its 12th biggest position. BTC Capital Management Inc.’s holdings in iShares Russell 1000 Value ETF were worth $17,947,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Renaissance Technologies LLC bought a new stake in iShares Russell 1000 Value ETF during the second quarter valued at approximately $1,675,000. Sunbelt Securities Inc. lifted its position in iShares Russell 1000 Value ETF by 8.1% during the second quarter. Sunbelt Securities Inc. now owns 1,680 shares of the exchange traded fund’s stock valued at $293,000 after purchasing an additional 126 shares during the last quarter. Sanctuary Advisors LLC bought a new stake in iShares Russell 1000 Value ETF during the second quarter valued at approximately $16,960,000. Stonehearth Capital Management LLC lifted its holdings in shares of iShares Russell 1000 Value ETF by 31.7% in the 3rd quarter. Stonehearth Capital Management LLC now owns 1,553 shares of the exchange traded fund’s stock worth $295,000 after acquiring an additional 374 shares during the last quarter. Finally, SG Americas Securities LLC lifted its holdings in shares of iShares Russell 1000 Value ETF by 280.6% in the 3rd quarter. SG Americas Securities LLC now owns 150,315 shares of the exchange traded fund’s stock worth $28,530,000 after acquiring an additional 110,817 shares during the last quarter.

iShares Russell 1000 Value ETF Stock Performance

Shares of IWD opened at $194.87 on Friday. The firm has a market cap of $61.04 billion, a price-to-earnings ratio of 17.81 and a beta of 0.77. iShares Russell 1000 Value ETF has a fifty-two week low of $164.34 and a fifty-two week high of $200.42. The firm has a 50 day moving average price of $191.05 and a 200-day moving average price of $188.22.

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).