First Citizens Bank & Trust Co. Purchases New Holdings in iShares Russell 1000 Value ETF $IWD

First Citizens Bank & Trust Co. acquired a new stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 64,478 shares of the exchange traded fund’s stock, valued at approximately $15,986,000.

Other large investors have also made changes to their positions in the company. Salem Investment Counselors Inc. boosted its position in iShares Russell 1000 Value ETF by 2.5% in the 3rd quarter. Salem Investment Counselors Inc. now owns 2,216 shares of the exchange traded fund’s stock worth $549,000 after purchasing an additional 53 shares in the last quarter. Stonehearth Capital Management LLC acquired a new stake in shares of iShares Russell 1000 Value ETF during the 3rd quarter worth approximately $573,000. B. Riley Wealth Advisors Inc. purchased a new position in shares of iShares Russell 1000 Value ETF during the 3rd quarter valued at approximately $1,950,000. Krilogy Financial LLC increased its holdings in shares of iShares Russell 1000 Value ETF by 3.4% during the 3rd quarter. Krilogy Financial LLC now owns 6,584 shares of the exchange traded fund’s stock valued at $1,677,000 after purchasing an additional 219 shares in the last quarter. Finally, Mechanics Bank Trust Department acquired a new position in shares of iShares Russell 1000 Value ETF in the 3rd quarter valued at $359,000. 84.93% of the stock is owned by hedge funds and other institutional investors.

iShares Russell 1000 Value ETF Stock Performance

Shares of NYSEARCA IWD opened at $254.53 on Wednesday. The company has a market capitalization of $83.27 billion, a PE ratio of 18.83 and a beta of 0.84. The company’s fifty day moving average price is $254.75 and its 200 day moving average price is $242.74. iShares Russell 1000 Value ETF has a 1 year low of $199.79 and a 1 year high of $260.19.

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.