Bokf Na boosted its holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD – Free Report) by 64.6% during the fourth quarter, Holdings Channel.com reports. The fund owned 92,521 shares of the exchange traded fund’s stock after buying an additional 36,318 shares during the quarter. Bokf Na’s holdings in iShares Russell 1000 Value ETF were worth $19,461,000 at the end of the most recent reporting period.
A number of other institutional investors have also added to or reduced their stakes in the business. Envestnet Asset Management Inc. increased its stake in iShares Russell 1000 Value ETF by 1.4% in the 3rd quarter. Envestnet Asset Management Inc. now owns 6,693,245 shares of the exchange traded fund’s stock worth $1,362,678,000 after acquiring an additional 93,461 shares during the last quarter. Raymond James Financial Inc. increased its stake in iShares Russell 1000 Value ETF by 3.5% in the 3rd quarter. Raymond James Financial Inc. now owns 5,154,926 shares of the exchange traded fund’s stock worth $1,049,492,000 after acquiring an additional 176,135 shares during the last quarter. Northern Trust Corp increased its stake in iShares Russell 1000 Value ETF by 3.4% in the 3rd quarter. Northern Trust Corp now owns 4,886,290 shares of the exchange traded fund’s stock worth $994,800,000 after acquiring an additional 162,782 shares during the last quarter. M&T Bank Corp increased its stake in iShares Russell 1000 Value ETF by 0.9% in the 4th quarter. M&T Bank Corp now owns 3,785,045 shares of the exchange traded fund’s stock worth $796,147,000 after acquiring an additional 32,694 shares during the last quarter. Finally, Truist Financial Corp increased its stake in iShares Russell 1000 Value ETF by 4.7% in the 4th 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 last quarter. 84.93% of the stock is currently owned by institutional investors.
iShares Russell 1000 Value ETF Trading Up 1.1%
IWD opened at $232.03 on Wednesday. The stock has a 50-day moving average price of $220.55 and a 200-day moving average price of $215.24. iShares Russell 1000 Value ETF has a 12-month low of $182.36 and a 12-month high of $232.52. The stock has a market capitalization of $74.53 billion, a P/E ratio of 18.83 and a beta of 0.84.
iShares Russell 1000 Value ETF 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.
Further Reading
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