Renasant Bank Sells 2,222 Shares of iShares Russell 1000 Value ETF $IWD

Renasant Bank trimmed its holdings in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 53.6% in the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,923 shares of the exchange traded fund’s stock after selling 2,222 shares during the quarter. Renasant Bank’s holdings in iShares Russell 1000 Value ETF were worth $411,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of the stock. Morgan Stanley lifted its stake in iShares Russell 1000 Value ETF by 9.0% in the 4th quarter. Morgan Stanley now owns 39,663,587 shares of the exchange traded fund’s stock valued at $8,342,840,000 after acquiring an additional 3,280,476 shares in the last quarter. Bank of America Corp DE grew its stake in shares of iShares Russell 1000 Value ETF by 5.4% during the 4th quarter. Bank of America Corp DE now owns 52,256,616 shares of the exchange traded fund’s stock worth $10,991,657,000 after acquiring an additional 2,686,078 shares in the last quarter. 71 West Capital Partners acquired a new stake in shares of iShares Russell 1000 Value ETF in the fourth quarter valued at approximately $240,065,000. Wells Fargo & Company MN raised its holdings in shares of iShares Russell 1000 Value ETF by 20.3% in the fourth quarter. Wells Fargo & Company MN now owns 5,895,769 shares of the exchange traded fund’s stock valued at $1,240,116,000 after purchasing an additional 995,230 shares during the last quarter. Finally, Focus Partners Wealth lifted its position in shares of iShares Russell 1000 Value ETF by 151.8% in the fourth quarter. Focus Partners Wealth now owns 1,412,808 shares of the exchange traded fund’s stock worth $297,152,000 after purchasing an additional 851,770 shares in the last quarter. 84.93% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell 1000 Value ETF Price Performance

Shares of NYSEARCA:IWD opened at $247.74 on Wednesday. The company’s 50-day moving average price is $238.04 and its two-hundred day moving average price is $225.59. iShares Russell 1000 Value ETF has a one year low of $191.64 and a one year high of $249.26. The stock has a market capitalization of $81.82 billion, a PE 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.