iShares Russell 1000 Value ETF $IWD Stock Position Cut by Canandaigua National Bank & Trust Co.

Canandaigua National Bank & Trust Co. cut its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 49.1% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 47,708 shares of the exchange traded fund’s stock after selling 46,010 shares during the quarter. iShares Russell 1000 Value ETF comprises about 1.1% of Canandaigua National Bank & Trust Co.’s holdings, making the stock its 19th biggest holding. Canandaigua National Bank & Trust Co.’s holdings in iShares Russell 1000 Value ETF were worth $11,828,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of IWD. Greenleaf Trust raised its stake in iShares Russell 1000 Value ETF by 20,660.3% in the second quarter. Greenleaf Trust now owns 1,491,213 shares of the exchange traded fund’s stock worth $116,166,000 after buying an additional 1,484,030 shares in the last quarter. Stairway Partners LLC purchased a new stake in iShares Russell 1000 Value ETF in the third quarter worth about $326,735,000. 71 West Capital Partners bought a new stake in iShares Russell 1000 Value ETF during the 4th quarter valued at approximately $240,065,000. Wells Fargo & Company MN grew its holdings in shares of iShares Russell 1000 Value ETF by 20.3% during the 4th quarter. Wells Fargo & Company MN now owns 5,895,769 shares of the exchange traded fund’s stock worth $1,240,116,000 after acquiring an additional 995,230 shares during the period. Finally, Fifth Third Bancorp grew its holdings in shares of iShares Russell 1000 Value ETF by 324.3% during the 1st quarter. Fifth Third Bancorp now owns 1,191,768 shares of the exchange traded fund’s stock worth $254,645,000 after acquiring an additional 910,889 shares during the period. 84.93% of the stock is owned by hedge funds and other institutional investors.

iShares Russell 1000 Value ETF Stock Down 0.4%

Shares of NYSEARCA:IWD traded down $0.96 during trading on Wednesday, hitting $250.78. The stock had a trading volume of 1,150,419 shares, compared to its average volume of 2,676,230. The company has a market capitalization of $81.92 billion, a PE ratio of 18.83 and a beta of 0.84. The firm’s fifty day moving average is $254.70 and its 200 day moving average is $241.34. iShares Russell 1000 Value ETF has a 12 month low of $199.40 and a 12 month high of $260.19.

iShares Russell 1000 Value ETF 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.