Cullen Frost Bankers Inc. Raises Position in iShares Russell 1000 Value ETF $IWD

Cullen Frost Bankers Inc. grew its position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 6.1% in the 4th quarter, Holdings Channel reports. The institutional investor owned 403,058 shares of the exchange traded fund’s stock after purchasing an additional 23,217 shares during the quarter. iShares Russell 1000 Value ETF accounts for approximately 0.9% of Cullen Frost Bankers Inc.’s investment portfolio, making the stock its 25th biggest holding. Cullen Frost Bankers Inc.’s holdings in iShares Russell 1000 Value ETF were worth $84,779,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the company. Sax Wealth Advisors LLC raised its holdings in shares of iShares Russell 1000 Value ETF by 0.5% during the fourth quarter. Sax Wealth Advisors LLC now owns 9,571 shares of the exchange traded fund’s stock valued at $2,013,000 after purchasing an additional 49 shares during the last quarter. Capital Advantage Inc. raised its holdings in shares of iShares Russell 1000 Value ETF by 0.9% during the fourth quarter. Capital Advantage Inc. now owns 5,850 shares of the exchange traded fund’s stock valued at $1,231,000 after purchasing an additional 51 shares during the last quarter. JFG Wealth Management LLC raised its holdings in shares of iShares Russell 1000 Value ETF by 0.4% during the third quarter. JFG Wealth Management LLC now owns 12,218 shares of the exchange traded fund’s stock valued at $2,487,000 after purchasing an additional 53 shares during the last quarter. Tortoise Investment Management LLC raised its holdings in shares of iShares Russell 1000 Value ETF by 2.5% during the third quarter. Tortoise Investment Management LLC now owns 2,251 shares of the exchange traded fund’s stock valued at $458,000 after purchasing an additional 54 shares during the last quarter. Finally, ESL Trust Services LLC raised its holdings in shares of iShares Russell 1000 Value ETF by 11.9% during the third quarter. ESL Trust Services LLC now owns 536 shares of the exchange traded fund’s stock valued at $109,000 after purchasing an additional 57 shares during the last quarter. 84.93% of the stock is owned by hedge funds and other institutional investors.

iShares Russell 1000 Value ETF Stock Down 0.4%

IWD opened at $231.72 on Wednesday. The firm has a 50 day moving average price of $222.61 and a 200-day moving average price of $217.26. iShares Russell 1000 Value ETF has a twelve month low of $184.69 and a twelve month high of $236.01. The stock has a market capitalization of $74.43 billion, a price-to-earnings ratio of 18.83 and a beta of 0.84.

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). The Index represents approximately 50% of the total market capitalization of the Russell 1000 Index. The Index measures the large-capital value sector of the United States equity market.