iShares Russell 1000 Value ETF (NYSEARCA:IWD) is M&T Bank Corp’s 9th Largest Position

M&T Bank Corp trimmed its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 2.7% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,547,779 shares of the exchange traded fund’s stock after selling 98,783 shares during the quarter. iShares Russell 1000 Value ETF accounts for 1.9% of M&T Bank Corp’s portfolio, making the stock its 9th largest position. M&T Bank Corp owned about 1.13% of iShares Russell 1000 Value ETF worth $673,368,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the stock. Envestnet Asset Management Inc. grew its holdings in iShares Russell 1000 Value ETF by 0.6% during the second quarter. Envestnet Asset Management Inc. now owns 6,320,932 shares of the exchange traded fund’s stock valued at $1,102,813,000 after purchasing an additional 37,236 shares during the last quarter. Raymond James & Associates grew its holdings in iShares Russell 1000 Value ETF by 0.6% during the third quarter. Raymond James & Associates now owns 3,666,344 shares of the exchange traded fund’s stock valued at $695,872,000 after purchasing an additional 22,295 shares during the last quarter. LPL Financial LLC grew its holdings in iShares Russell 1000 Value ETF by 0.7% during the third quarter. LPL Financial LLC now owns 3,293,977 shares of the exchange traded fund’s stock valued at $625,197,000 after purchasing an additional 23,197 shares during the last quarter. PNC Financial Services Group Inc. grew its holdings in iShares Russell 1000 Value ETF by 0.3% during the third quarter. PNC Financial Services Group Inc. now owns 3,247,266 shares of the exchange traded fund’s stock valued at $616,331,000 after purchasing an additional 10,304 shares during the last quarter. Finally, Stifel Financial Corp grew its holdings in iShares Russell 1000 Value ETF by 3.8% during the third quarter. Stifel Financial Corp now owns 1,947,425 shares of the exchange traded fund’s stock valued at $369,623,000 after purchasing an additional 70,612 shares during the last quarter.

iShares Russell 1000 Value ETF Trading Down 0.6 %

Shares of iShares Russell 1000 Value ETF stock opened at $194.70 on Tuesday. The company’s fifty day simple moving average is $193.08 and its 200-day simple moving average is $184.69. The company has a market cap of $60.99 billion, a price-to-earnings ratio of 17.81 and a beta of 0.77. iShares Russell 1000 Value ETF has a 1 year low of $159.05 and a 1 year high of $200.42.

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).