Patten & Patten Inc. TN Sells 98 Shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Patten & Patten Inc. TN lessened its position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 7.3% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,246 shares of the exchange traded fund’s stock after selling 98 shares during the period. Patten & Patten Inc. TN’s holdings in iShares Russell 1000 Value ETF were worth $231,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in IWD. Raymond James Financial Inc. purchased a new stake in shares of iShares Russell 1000 Value ETF in the 4th quarter worth about $972,637,000. M&T Bank Corp lifted its position in shares of iShares Russell 1000 Value ETF by 4.9% in the 4th quarter. M&T Bank Corp now owns 3,720,837 shares of the exchange traded fund’s stock worth $688,838,000 after purchasing an additional 173,058 shares during the period. PNC Financial Services Group Inc. lifted its position in shares of iShares Russell 1000 Value ETF by 4.3% in the 4th quarter. PNC Financial Services Group Inc. now owns 3,386,955 shares of the exchange traded fund’s stock worth $627,027,000 after purchasing an additional 139,689 shares during the period. LPL Financial LLC lifted its position in shares of iShares Russell 1000 Value ETF by 0.7% in the 3rd quarter. LPL Financial LLC now owns 3,293,977 shares of the exchange traded fund’s stock worth $625,197,000 after purchasing an additional 23,197 shares during the period. Finally, Synovus Financial Corp lifted its position in shares of iShares Russell 1000 Value ETF by 1.2% in the 3rd quarter. Synovus Financial Corp now owns 2,848,914 shares of the exchange traded fund’s stock worth $540,724,000 after purchasing an additional 34,700 shares during the period.

iShares Russell 1000 Value ETF Trading Up 1.3 %

NYSEARCA:IWD opened at $188.60 on Tuesday. iShares Russell 1000 Value ETF has a 12 month low of $168.85 and a 12 month high of $200.42. The stock has a market cap of $61.00 billion, a price-to-earnings ratio of 19.31 and a beta of 0.97. The company has a 50-day moving average price of $191.18 and a 200-day moving average price of $190.69.

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).