M&T Bank Corp Sells 178,678 Shares of iShares Russell 1000 Value ETF $IWD

M&T Bank Corp trimmed its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 4.5% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,752,351 shares of the exchange traded fund’s stock after selling 178,678 shares during the quarter. iShares Russell 1000 Value ETF accounts for 2.6% of M&T Bank Corp’s portfolio, making the stock its 7th largest position. M&T Bank Corp owned about 1.18% of iShares Russell 1000 Value ETF worth $763,941,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. SilverOak Wealth Management LLC increased its position in shares of iShares Russell 1000 Value ETF by 0.4% during the 3rd quarter. SilverOak Wealth Management LLC now owns 11,234 shares of the exchange traded fund’s stock valued at $2,287,000 after purchasing an additional 50 shares during the last quarter. JFG Wealth Management LLC raised its holdings in shares of iShares Russell 1000 Value ETF by 0.4% during the 3rd quarter. JFG Wealth Management LLC now owns 12,218 shares of the exchange traded fund’s stock valued at $2,487,000 after buying an additional 53 shares in the last quarter. Tortoise Investment Management LLC lifted its position in iShares Russell 1000 Value ETF by 2.5% in the 3rd quarter. Tortoise Investment Management LLC now owns 2,251 shares of the exchange traded fund’s stock worth $458,000 after buying an additional 54 shares during the last quarter. Fifth Third Securities Inc. boosted its stake in iShares Russell 1000 Value ETF by 0.6% in the third quarter. Fifth Third Securities Inc. now owns 8,543 shares of the exchange traded fund’s stock worth $1,739,000 after buying an additional 55 shares in the last quarter. Finally, Apollon Wealth Management LLC boosted its stake in iShares Russell 1000 Value ETF by 0.4% in the third quarter. Apollon Wealth Management LLC now owns 13,740 shares of the exchange traded fund’s stock worth $2,797,000 after buying an additional 55 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 $214.74 on Friday. The stock has a market capitalization of $66.90 billion, a P/E ratio of 18.83 and a beta of 0.89. iShares Russell 1000 Value ETF has a one year low of $163.19 and a one year high of $226.39. The firm’s 50 day simple moving average is $220.58 and its two-hundred day simple moving average is $210.73.

iShares Russell 1000 Value ETF Company 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.