SlateStone Wealth LLC Has $14.42 Million Stock Holdings in iShares Russell 1000 Value ETF $IWD

SlateStone Wealth LLC lifted its position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 9.4% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 74,257 shares of the exchange traded fund’s stock after acquiring an additional 6,362 shares during the quarter. iShares Russell 1000 Value ETF makes up approximately 1.3% of SlateStone Wealth LLC’s portfolio, making the stock its 15th biggest position. SlateStone Wealth LLC’s holdings in iShares Russell 1000 Value ETF were worth $14,423,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of the business. Laurel Wealth Advisors LLC increased its holdings in iShares Russell 1000 Value ETF by 27,389.0% in the second quarter. Laurel Wealth Advisors LLC now owns 165,484 shares of the exchange traded fund’s stock valued at $32,142,000 after purchasing an additional 164,882 shares during the period. RiverFront Investment Group LLC lifted its position in shares of iShares Russell 1000 Value ETF by 14.1% in the 2nd quarter. RiverFront Investment Group LLC now owns 4,518 shares of the exchange traded fund’s stock worth $878,000 after purchasing an additional 558 shares during the period. XTX Topco Ltd bought a new stake in shares of iShares Russell 1000 Value ETF in the 2nd quarter valued at $283,000. Insigneo Advisory Services LLC increased its position in shares of iShares Russell 1000 Value ETF by 13.8% during the second quarter. Insigneo Advisory Services LLC now owns 7,963 shares of the exchange traded fund’s stock worth $1,547,000 after buying an additional 966 shares during the period. Finally, CreativeOne Wealth LLC raised its stake in iShares Russell 1000 Value ETF by 6.7% during the second quarter. CreativeOne Wealth LLC now owns 6,911 shares of the exchange traded fund’s stock worth $1,342,000 after buying an additional 431 shares during the last quarter. Institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Stock Up 0.7%

IWD stock opened at $204.48 on Tuesday. The firm has a market cap of $65.05 billion, a price-to-earnings ratio of 18.83 and a beta of 0.89. The company’s fifty day simple moving average is $203.77 and its 200 day simple moving average is $197.96. iShares Russell 1000 Value ETF has a 12-month low of $163.19 and a 12-month high of $208.66.

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).