Fifth Third Bancorp Sells 21,587 Shares of iShares Russell 1000 Value ETF $IWD

Fifth Third Bancorp trimmed its holdings in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 6.9% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 291,215 shares of the exchange traded fund’s stock after selling 21,587 shares during the period. Fifth Third Bancorp’s holdings in iShares Russell 1000 Value ETF were worth $59,288,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of IWD. Clayton Financial Group LLC acquired a new position in shares of iShares Russell 1000 Value ETF during the 3rd quarter valued at $27,000. Advantage Trust Co bought a new stake in iShares Russell 1000 Value ETF in the second quarter valued at $29,000. Access Investment Management LLC acquired a new position in shares of iShares Russell 1000 Value ETF during the second quarter valued at about $35,000. Clarity Asset Management Inc. bought a new position in shares of iShares Russell 1000 Value ETF during the 2nd quarter worth about $35,000. Finally, Davis Capital Management bought a new position in shares of iShares Russell 1000 Value ETF during the 3rd quarter worth about $38,000. Institutional investors and hedge funds own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Price Performance

Shares of IWD opened at $223.71 on Monday. iShares Russell 1000 Value ETF has a one year low of $163.19 and a one year high of $226.39. The company has a market cap of $69.70 billion, a PE ratio of 18.83 and a beta of 0.89. The stock has a 50-day moving average of $216.25 and a 200-day moving average of $207.44.

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.