iShares Russell 1000 Value ETF (NYSEARCA:IWD) is Oakworth Capital Inc.’s 2nd Largest Position

Oakworth Capital Inc. lifted its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 2.4% in the 4th quarter, HoldingsChannel reports. The firm owned 764,174 shares of the exchange traded fund’s stock after acquiring an additional 17,641 shares during the period. iShares Russell 1000 Value ETF makes up 9.7% of Oakworth Capital Inc.’s portfolio, making the stock its 2nd largest holding. Oakworth Capital Inc.’s holdings in iShares Russell 1000 Value ETF were worth $141,472,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Eagle Bay Advisors LLC bought a new position in iShares Russell 1000 Value ETF in the 3rd quarter worth $32,000. Hantz Financial Services Inc. bought a new position in iShares Russell 1000 Value ETF in the 4th quarter worth $35,000. Carmichael Hill & Associates Inc. boosted its holdings in iShares Russell 1000 Value ETF by 536.1% in the 3rd quarter. Carmichael Hill & Associates Inc. now owns 229 shares of the exchange traded fund’s stock worth $43,000 after buying an additional 193 shares during the period. Northwest Investment Counselors LLC bought a new position in shares of iShares Russell 1000 Value ETF during the 3rd quarter valued at about $44,000. Finally, Howe & Rusling Inc. boosted its holdings in shares of iShares Russell 1000 Value ETF by 144.1% during the 3rd quarter. Howe & Rusling Inc. now owns 249 shares of the exchange traded fund’s stock valued at $47,000 after purchasing an additional 147 shares during the last quarter.

iShares Russell 1000 Value ETF Stock Up 0.7 %

IWD opened at $194.42 on Thursday. The firm has a 50-day simple moving average of $190.62 and a two-hundred day simple moving average of $188.62. iShares Russell 1000 Value ETF has a 52 week low of $164.34 and a 52 week high of $200.42. The company has a market capitalization of $60.90 billion, a PE ratio of 17.81 and a beta of 0.77.

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).