Bank of New York Mellon Corp Has $180.53 Million Stake in iShares Russell 1000 Value ETF $IWD

Bank of New York Mellon Corp lifted its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 20.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 858,292 shares of the exchange traded fund’s stock after acquiring an additional 145,804 shares during the quarter. Bank of New York Mellon Corp’s holdings in iShares Russell 1000 Value ETF were worth $180,533,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of IWD. 1ST Source Bank boosted its position in shares of iShares Russell 1000 Value ETF by 1.3% during the 3rd quarter. 1ST Source Bank now owns 686,114 shares of the exchange traded fund’s stock worth $139,686,000 after acquiring an additional 8,737 shares in the last quarter. Caprock Group LLC bought a new position in iShares Russell 1000 Value ETF in the 3rd quarter valued at approximately $3,803,000. Focus Partners Advisor Solutions LLC lifted its stake in iShares Russell 1000 Value ETF by 32.6% in the 3rd quarter. Focus Partners Advisor Solutions LLC now owns 25,923 shares of the exchange traded fund’s stock valued at $5,308,000 after purchasing an additional 6,380 shares during the last quarter. Brown Miller Wealth Management LLC bought a new position in iShares Russell 1000 Value ETF in the 4th quarter valued at approximately $1,213,000. Finally, Claro Advisors LLC lifted its stake in iShares Russell 1000 Value ETF by 21.2% in the 3rd quarter. Claro Advisors LLC now owns 101,709 shares of the exchange traded fund’s stock valued at $20,707,000 after purchasing an additional 17,760 shares during the last quarter. Institutional investors and hedge funds own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Price Performance

Shares of NYSEARCA:IWD opened at $236.42 on Friday. The company has a market cap of $75.94 billion, a price-to-earnings ratio of 18.83 and a beta of 0.84. The firm has a 50 day simple moving average of $228.38 and a 200 day simple moving average of $220.14. iShares Russell 1000 Value ETF has a one year low of $188.55 and a one year high of $241.35.

About iShares Russell 1000 Value ETF

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.