SlateStone Wealth LLC Has $17.25 Million Stock Holdings in iShares Russell 1000 Value ETF $IWD

SlateStone Wealth LLC lifted its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 14.1% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 84,719 shares of the exchange traded fund’s stock after acquiring an additional 10,462 shares during the period. iShares Russell 1000 Value ETF accounts for about 1.5% of SlateStone Wealth LLC’s portfolio, making the stock its 13th largest position. SlateStone Wealth LLC’s holdings in iShares Russell 1000 Value ETF were worth $17,248,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in IWD. Clayton Financial Group LLC purchased a new position in iShares Russell 1000 Value ETF in the third quarter valued at approximately $27,000. Advantage Trust Co bought a new stake in shares of iShares Russell 1000 Value ETF in the second quarter valued at approximately $29,000. Access Investment Management LLC purchased a new stake in shares of iShares Russell 1000 Value ETF during the 2nd quarter valued at approximately $35,000. Clarity Asset Management Inc. purchased a new position in iShares Russell 1000 Value ETF in the 2nd quarter valued at approximately $35,000. Finally, Davis Capital Management bought a new stake in iShares Russell 1000 Value ETF during the 3rd quarter valued at $38,000. Institutional investors and hedge funds own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Trading Up 1.1%

IWD stock opened at $223.25 on Friday. The firm has a 50 day moving average of $214.53 and a 200-day moving average of $206.22. The firm has a market capitalization of $69.55 billion, a P/E ratio of 18.83 and a beta of 0.89. iShares Russell 1000 Value ETF has a 12 month low of $163.19 and a 12 month high of $223.44.

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). 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.