Wells Trecaso Financial Group LLC cut its holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD – Free Report) by 15.2% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,671 shares of the exchange traded fund’s stock after selling 300 shares during the quarter. Wells Trecaso Financial Group LLC’s holdings in iShares Russell 1000 Value ETF were worth $325,000 at the end of the most recent quarter.
A number of other institutional investors have also recently added to or reduced their stakes in the business. Goldman Sachs Group Inc. lifted its stake in iShares Russell 1000 Value ETF by 2.4% in the first quarter. Goldman Sachs Group Inc. now owns 15,629,692 shares of the exchange traded fund’s stock valued at $2,940,883,000 after acquiring an additional 363,429 shares during the last quarter. Baird Financial Group Inc. lifted its stake in iShares Russell 1000 Value ETF by 1.8% in the first quarter. Baird Financial Group Inc. now owns 4,681,498 shares of the exchange traded fund’s stock valued at $880,871,000 after acquiring an additional 81,955 shares during the last quarter. Northern Trust Corp lifted its stake in shares of iShares Russell 1000 Value ETF by 5.9% in the first quarter. Northern Trust Corp now owns 4,518,369 shares of the exchange traded fund’s stock worth $850,176,000 after buying an additional 253,088 shares during the last quarter. LPL Financial LLC lifted its stake in shares of iShares Russell 1000 Value ETF by 6.2% in the first quarter. LPL Financial LLC now owns 3,949,393 shares of the exchange traded fund’s stock worth $743,118,000 after buying an additional 229,198 shares during the last quarter. Finally, M&T Bank Corp lifted its stake in shares of iShares Russell 1000 Value ETF by 2.2% in the first quarter. M&T Bank Corp now owns 3,804,155 shares of the exchange traded fund’s stock worth $715,790,000 after buying an additional 83,318 shares during the last quarter. 84.93% of the stock is currently owned by institutional investors and hedge funds.
iShares Russell 1000 Value ETF Trading Up 0.4%
Shares of iShares Russell 1000 Value ETF stock opened at $204.96 on Friday. The firm has a fifty day simple moving average of $200.15 and a 200-day simple moving average of $191.85. iShares Russell 1000 Value ETF has a 1-year low of $163.19 and a 1-year high of $206.01. The stock has a market capitalization of $64.58 billion, a price-to-earnings ratio of 18.83 and a beta of 0.95.
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).
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