First Citizens Asset Management Inc. Lowers Stock Position in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

First Citizens Asset Management Inc. trimmed its position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 6.8% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,188 shares of the exchange traded fund’s stock after selling 160 shares during the period. iShares Russell 1000 Value ETF makes up about 0.1% of First Citizens Asset Management Inc.’s holdings, making the stock its 26th biggest holding. First Citizens Asset Management Inc.’s holdings in iShares Russell 1000 Value ETF were worth $415,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Objectivity Squared LLC increased its stake in iShares Russell 1000 Value ETF by 6.6% during the second quarter. Objectivity Squared LLC now owns 51,759 shares of the exchange traded fund’s stock worth $9,440,000 after acquiring an additional 3,215 shares during the last quarter. Raymond James & Associates lifted its stake in shares of iShares Russell 1000 Value ETF by 0.3% in the 2nd quarter. Raymond James & Associates now owns 3,644,049 shares of the exchange traded fund’s stock valued at $635,777,000 after purchasing an additional 11,960 shares in the last quarter. Bank of New York Mellon Corp grew its holdings in shares of iShares Russell 1000 Value ETF by 8.8% during the 2nd quarter. Bank of New York Mellon Corp now owns 866,591 shares of the exchange traded fund’s stock worth $151,194,000 after purchasing an additional 70,330 shares during the period. Empowered Funds LLC acquired a new stake in iShares Russell 1000 Value ETF during the 1st quarter worth approximately $290,000. Finally, Lake Hills Wealth Management LLC purchased a new position in iShares Russell 1000 Value ETF in the third quarter valued at approximately $271,000.

iShares Russell 1000 Value ETF Price Performance

IWD stock traded up $1.49 during midday trading on Tuesday, reaching $189.04. 263,419 shares of the company’s stock traded hands, compared to its average volume of 1,723,206. iShares Russell 1000 Value ETF has a fifty-two week low of $148.63 and a fifty-two week high of $193.77. The business has a 50-day moving average price of $188.52 and a two-hundred day moving average price of $181.00. The company has a market capitalization of $59.22 billion, a P/E ratio of 17.81 and a beta of 0.77.

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).