iShares Russell 1000 Value ETF (NYSEARCA:IWD) Shares Purchased by 1ST Source Bank

1ST Source Bank raised its position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 0.9% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 665,388 shares of the exchange traded fund’s stock after purchasing an additional 6,245 shares during the period. iShares Russell 1000 Value ETF makes up 6.8% of 1ST Source Bank’s investment portfolio, making the stock its 3rd biggest holding. 1ST Source Bank’s holdings in iShares Russell 1000 Value ETF were worth $116,090,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. 9258 Wealth Management LLC acquired a new position in iShares Russell 1000 Value ETF during the fourth quarter worth $229,000. Massachusetts Financial Services Co. MA grew its holdings in shares of iShares Russell 1000 Value ETF by 130.8% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 370,945 shares of the exchange traded fund’s stock valued at $61,299,000 after acquiring an additional 210,203 shares in the last quarter. Foundations Investment Advisors LLC grew its holdings in shares of iShares Russell 1000 Value ETF by 21.8% in the 4th quarter. Foundations Investment Advisors LLC now owns 3,377 shares of the exchange traded fund’s stock valued at $564,000 after acquiring an additional 605 shares in the last quarter. Kingsview Wealth Management LLC grew its holdings in shares of iShares Russell 1000 Value ETF by 25.9% in the 4th quarter. Kingsview Wealth Management LLC now owns 21,434 shares of the exchange traded fund’s stock valued at $3,542,000 after acquiring an additional 4,403 shares in the last quarter. Finally, American National Bank raised its holdings in iShares Russell 1000 Value ETF by 60.2% during the fourth quarter. American National Bank now owns 2,215 shares of the exchange traded fund’s stock worth $366,000 after acquiring an additional 832 shares in the last quarter.

iShares Russell 1000 Value ETF Stock Up 0.8 %

IWD stock opened at $186.16 on Friday. The business has a 50 day moving average price of $181.56 and a two-hundred day moving average price of $177.12. The company has a market cap of $58.31 billion, a price-to-earnings ratio of 17.81 and a beta of 0.77. iShares Russell 1000 Value ETF has a twelve month low of $143.34 and a twelve month high of $188.47.

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).