iShares Russell 1000 Value ETF $IWD Shares Sold by Washington Trust Bank

Washington Trust Bank lessened its holdings in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 74.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,133 shares of the exchange traded fund’s stock after selling 20,448 shares during the period. Washington Trust Bank’s holdings in iShares Russell 1000 Value ETF were worth $1,385,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Crestwood Advisors Group LLC lifted its stake in iShares Russell 1000 Value ETF by 1.7% during the second quarter. Crestwood Advisors Group LLC now owns 3,159 shares of the exchange traded fund’s stock worth $614,000 after purchasing an additional 52 shares in the last quarter. Golden Road Advisors LLC boosted its stake in shares of iShares Russell 1000 Value ETF by 1.3% during the 2nd quarter. Golden Road Advisors LLC now owns 4,137 shares of the exchange traded fund’s stock worth $804,000 after acquiring an additional 54 shares in the last quarter. Penobscot Investment Management Company Inc. raised its stake in shares of iShares Russell 1000 Value ETF by 4.6% during the 2nd quarter. Penobscot Investment Management Company Inc. now owns 1,250 shares of the exchange traded fund’s stock worth $243,000 after buying an additional 55 shares during the last quarter. Warner Financial Inc. raised its position in shares of iShares Russell 1000 Value ETF by 1.6% during the 2nd quarter. Warner Financial Inc. now owns 3,578 shares of the exchange traded fund’s stock worth $695,000 after purchasing an additional 58 shares during the last quarter. Finally, InvesTrust raised its stake in iShares Russell 1000 Value ETF by 0.6% in the 2nd quarter. InvesTrust now owns 10,331 shares of the exchange traded fund’s stock valued at $2,007,000 after purchasing an additional 59 shares during the last quarter. Hedge funds and other institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Stock Up 0.7%

IWD stock opened at $204.19 on Thursday. The stock has a market capitalization of $64.95 billion, a price-to-earnings ratio of 18.83 and a beta of 0.89. The stock’s fifty day simple moving average is $203.17 and its 200-day simple moving average is $195.77. iShares Russell 1000 Value ETF has a 52-week low of $163.19 and a 52-week high of $207.58.

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).