Citizens Financial Group Inc. RI Purchases 14,711 Shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Citizens Financial Group Inc. RI boosted its position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 55.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 41,416 shares of the exchange traded fund’s stock after buying an additional 14,711 shares during the quarter. Citizens Financial Group Inc. RI’s holdings in iShares Russell 1000 Value ETF were worth $7,667,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Raymond James Financial Inc. bought a new stake in iShares Russell 1000 Value ETF during the fourth quarter valued at about $972,637,000. M&T Bank Corp boosted its stake in iShares Russell 1000 Value ETF by 4.9% during the 4th quarter. M&T Bank Corp now owns 3,720,837 shares of the exchange traded fund’s stock valued at $688,838,000 after purchasing an additional 173,058 shares during the period. PNC Financial Services Group Inc. grew its holdings in iShares Russell 1000 Value ETF by 4.3% in the 4th quarter. PNC Financial Services Group Inc. now owns 3,386,955 shares of the exchange traded fund’s stock valued at $627,027,000 after buying an additional 139,689 shares during the last quarter. LPL Financial LLC increased its position in iShares Russell 1000 Value ETF by 0.7% in the 3rd quarter. LPL Financial LLC now owns 3,293,977 shares of the exchange traded fund’s stock worth $625,197,000 after buying an additional 23,197 shares during the period. Finally, Synovus Financial Corp lifted its holdings in shares of iShares Russell 1000 Value ETF by 1.2% during the third quarter. Synovus Financial Corp now owns 2,848,914 shares of the exchange traded fund’s stock worth $540,724,000 after buying an additional 34,700 shares during the last quarter.

iShares Russell 1000 Value ETF Trading Down 1.2 %

IWD opened at $184.67 on Wednesday. The business has a 50 day moving average of $191.20 and a 200-day moving average of $190.71. The stock has a market capitalization of $59.40 billion, a price-to-earnings ratio of 19.81 and a beta of 0.98. iShares Russell 1000 Value ETF has a 1-year low of $168.85 and a 1-year high of $200.42.

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).