iShares Russell 1000 Value ETF $IWD Shares Sold by Fifth Third Bancorp

Fifth Third Bancorp trimmed its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 4.7% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,098,231 shares of the exchange traded fund’s stock after selling 54,304 shares during the quarter. Fifth Third Bancorp’s holdings in iShares Russell 1000 Value ETF were worth $272,284,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of IWD. Baird Financial Group Inc. raised its holdings in shares of iShares Russell 1000 Value ETF by 2.7% during the second quarter. Baird Financial Group Inc. now owns 6,192,377 shares of the exchange traded fund’s stock valued at $1,501,218,000 after purchasing an additional 165,599 shares during the period. Commonwealth Equity Services LLC acquired a new stake in shares of iShares Russell 1000 Value ETF in the 3rd quarter valued at about $374,407,000. Greenleaf Trust increased its position in iShares Russell 1000 Value ETF by 20,660.3% in the 2nd quarter. Greenleaf Trust now owns 1,491,213 shares of the exchange traded fund’s stock valued at $116,166,000 after buying an additional 1,484,030 shares in the last quarter. Stairway Partners LLC bought a new stake in iShares Russell 1000 Value ETF in the 3rd quarter valued at about $326,735,000. Finally, Bank of New York Mellon Corp raised its stake in iShares Russell 1000 Value ETF by 5.3% during the 1st quarter. Bank of New York Mellon Corp now owns 903,575 shares of the exchange traded fund’s stock worth $193,067,000 after buying an additional 45,283 shares during the period. 84.93% of the stock is owned by institutional investors.

iShares Russell 1000 Value ETF Stock Performance

IWD stock opened at $263.81 on Thursday. The stock’s 50 day simple moving average is $255.33 and its 200 day simple moving average is $239.82. The company has a market cap of $85.07 billion, a P/E ratio of 21.21 and a beta of 0.84. iShares Russell 1000 Value ETF has a fifty-two week low of $199.79 and a fifty-two week high of $267.24.

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.