American Century Companies Inc. Sells 105,790 Shares of iShares Russell 1000 Value ETF $IWD

American Century Companies Inc. reduced its position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 15.2% in the third quarter, Holdings Channel reports. The firm owned 589,703 shares of the exchange traded fund’s stock after selling 105,790 shares during the period. American Century Companies Inc.’s holdings in iShares Russell 1000 Value ETF were worth $120,058,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Atlantic Union Bankshares Corp raised its position in shares of iShares Russell 1000 Value ETF by 612.7% during the 2nd quarter. Atlantic Union Bankshares Corp now owns 23,036 shares of the exchange traded fund’s stock valued at $4,474,000 after buying an additional 19,804 shares in the last quarter. Arkadios Wealth Advisors grew its position in iShares Russell 1000 Value ETF by 25.4% in the third quarter. Arkadios Wealth Advisors now owns 73,261 shares of the exchange traded fund’s stock worth $14,915,000 after acquiring an additional 14,842 shares in the last quarter. Americana Partners LLC increased its stake in iShares Russell 1000 Value ETF by 78.9% in the third quarter. Americana Partners LLC now owns 170,599 shares of the exchange traded fund’s stock valued at $34,732,000 after acquiring an additional 75,256 shares during the last quarter. 1ST Source Bank increased its stake in iShares Russell 1000 Value ETF by 0.3% in the second quarter. 1ST Source Bank now owns 677,377 shares of the exchange traded fund’s stock valued at $131,567,000 after acquiring an additional 2,259 shares during the last quarter. Finally, Cullen Frost Bankers Inc. raised its position in iShares Russell 1000 Value ETF by 0.8% during the third quarter. Cullen Frost Bankers Inc. now owns 379,841 shares of the exchange traded fund’s stock valued at $77,332,000 after purchasing an additional 2,894 shares in the last quarter. Hedge funds and other institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Trading Down 0.2%

IWD opened at $225.15 on Tuesday. The stock has a 50-day moving average price of $219.34 and a 200-day moving average price of $209.67. iShares Russell 1000 Value ETF has a 12-month low of $163.19 and a 12-month high of $226.39. The stock has a market capitalization of $70.15 billion, a P/E 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.