Cullen Frost Bankers Inc. Acquires 2,894 Shares of iShares Russell 1000 Value ETF $IWD

Cullen Frost Bankers Inc. grew its holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 0.8% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 379,841 shares of the exchange traded fund’s stock after acquiring an additional 2,894 shares during the period. iShares Russell 1000 Value ETF accounts for 0.9% of Cullen Frost Bankers Inc.’s portfolio, making the stock its 29th largest holding. Cullen Frost Bankers Inc.’s holdings in iShares Russell 1000 Value ETF were worth $77,332,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of IWD. Clayton Financial Group LLC bought a new position in iShares Russell 1000 Value ETF in the 3rd quarter worth $27,000. Advantage Trust Co purchased a new stake in iShares Russell 1000 Value ETF in the second quarter worth about $29,000. RMG Wealth Management LLC bought a new position in shares of iShares Russell 1000 Value ETF in the second quarter worth about $33,000. Access Investment Management LLC bought a new position in shares of iShares Russell 1000 Value ETF in the second quarter worth about $35,000. Finally, Clarity Asset Management Inc. purchased a new position in shares of iShares Russell 1000 Value ETF during the 2nd quarter valued at about $35,000. Institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Trading Down 0.6%

Shares of NYSEARCA:IWD opened at $218.48 on Friday. The stock has a 50 day moving average of $211.61 and a 200 day moving average of $204.75. The company has a market cap of $68.94 billion, a PE ratio of 18.83 and a beta of 0.89. iShares Russell 1000 Value ETF has a 12-month low of $163.19 and a 12-month high of $220.71.

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.