Centennial Bank AR Has $5.23 Million Position in iShares Russell 1000 Value ETF $IWD

Centennial Bank AR trimmed its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 8.0% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,662 shares of the exchange traded fund’s stock after selling 2,230 shares during the quarter. iShares Russell 1000 Value ETF makes up about 2.1% of Centennial Bank AR’s portfolio, making the stock its 11th largest holding. Centennial Bank AR’s holdings in iShares Russell 1000 Value ETF were worth $5,225,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. increased its holdings in shares of iShares Russell 1000 Value ETF by 140.0% during the second quarter. JPMorgan Chase & Co. now owns 9,153,000 shares of the exchange traded fund’s stock worth $1,777,787,000 after buying an additional 32,036,243 shares in the last quarter. Baird Financial Group Inc. grew its position in iShares Russell 1000 Value ETF by 12.7% during the 2nd quarter. Baird Financial Group Inc. now owns 5,275,282 shares of the exchange traded fund’s stock worth $1,024,618,000 after acquiring an additional 593,784 shares during the last quarter. Thrivent Financial for Lutherans increased its holdings in iShares Russell 1000 Value ETF by 615.9% in the 3rd quarter. Thrivent Financial for Lutherans now owns 291,173 shares of the exchange traded fund’s stock worth $59,280,000 after purchasing an additional 250,498 shares in the last quarter. MJP Associates Inc. ADV acquired a new position in iShares Russell 1000 Value ETF in the 2nd quarter worth about $35,330,000. Finally, Mesirow Financial Investment Management Inc. raised its position in iShares Russell 1000 Value ETF by 530.1% in the second quarter. Mesirow Financial Investment Management Inc. now owns 205,744 shares of the exchange traded fund’s stock valued at $39,961,000 after purchasing an additional 173,093 shares during the last quarter. Institutional investors and hedge funds own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Trading Up 0.5%

Shares of IWD stock opened at $224.31 on Thursday. The business’s 50-day moving average price is $217.09 and its 200-day moving average price is $207.97. iShares Russell 1000 Value ETF has a 12 month low of $163.19 and a 12 month high of $226.39. The firm has a market capitalization of $69.88 billion, a price-to-earnings ratio of 18.83 and a beta of 0.89.

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.