Mizuho Bank Ltd. Acquires New Holdings in iShares Russell 1000 Value ETF $IWD

Mizuho Bank Ltd. acquired a new stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 480,000 shares of the exchange traded fund’s stock, valued at approximately $100,963,000. iShares Russell 1000 Value ETF comprises about 12.0% of Mizuho Bank Ltd.’s investment portfolio, making the stock its 5th largest holding.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Sax Wealth Advisors LLC raised its holdings in iShares Russell 1000 Value ETF by 0.5% during the 4th quarter. Sax Wealth Advisors LLC now owns 9,571 shares of the exchange traded fund’s stock valued at $2,013,000 after buying an additional 49 shares during the last quarter. Cibc World Market Inc. raised its holdings in iShares Russell 1000 Value ETF by 3.1% during the 4th quarter. Cibc World Market Inc. now owns 1,646 shares of the exchange traded fund’s stock valued at $346,000 after buying an additional 49 shares during the last quarter. Capital Advantage Inc. raised its holdings in iShares Russell 1000 Value ETF by 0.9% during the 4th quarter. Capital Advantage Inc. now owns 5,850 shares of the exchange traded fund’s stock valued at $1,231,000 after buying an additional 51 shares during the last quarter. Tortoise Investment Management LLC raised its holdings in iShares Russell 1000 Value ETF by 2.5% during the 3rd quarter. Tortoise Investment Management LLC now owns 2,251 shares of the exchange traded fund’s stock valued at $458,000 after buying an additional 54 shares during the last quarter. Finally, Greenwood Gearhart Inc. raised its holdings in iShares Russell 1000 Value ETF by 1.8% during the 3rd quarter. Greenwood Gearhart Inc. now owns 3,215 shares of the exchange traded fund’s stock valued at $655,000 after buying an additional 57 shares during the last quarter. Institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Stock Up 1.9%

NYSEARCA:IWD opened at $239.78 on Friday. The company has a fifty day moving average of $230.48 and a 200 day moving average of $221.27. iShares Russell 1000 Value ETF has a 52 week low of $188.55 and a 52 week high of $241.35. The firm has a market capitalization of $77.02 billion, a P/E ratio of 18.83 and a beta of 0.84.

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.