iShares Russell 1000 Value ETF $IWD Shares Acquired by Fulton Bank N.A.

Fulton Bank N.A. increased its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 2.4% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 109,077 shares of the exchange traded fund’s stock after purchasing an additional 2,542 shares during the period. Fulton Bank N.A.’s holdings in iShares Russell 1000 Value ETF were worth $23,306,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Morgan Stanley lifted its stake in iShares Russell 1000 Value ETF by 9.0% in the fourth quarter. Morgan Stanley now owns 39,663,587 shares of the exchange traded fund’s stock valued at $8,342,840,000 after buying an additional 3,280,476 shares during the last quarter. Bank of America Corp DE grew its position in shares of iShares Russell 1000 Value ETF by 5.4% during the fourth quarter. Bank of America Corp DE now owns 52,256,616 shares of the exchange traded fund’s stock worth $10,991,657,000 after acquiring an additional 2,686,078 shares during the last quarter. 71 West Capital Partners acquired a new stake in shares of iShares Russell 1000 Value ETF in the 4th quarter worth about $240,065,000. Wells Fargo & Company MN increased its holdings in shares of iShares Russell 1000 Value ETF by 20.3% in 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, Focus Partners Wealth lifted its position in iShares Russell 1000 Value ETF by 151.8% in the 4th quarter. Focus Partners Wealth now owns 1,412,808 shares of the exchange traded fund’s stock valued at $297,152,000 after purchasing an additional 851,770 shares during the last quarter. Institutional investors and hedge funds own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Stock Up 0.6%

Shares of NYSEARCA:IWD opened at $243.88 on Thursday. The company’s 50-day moving average price is $236.42 and its 200 day moving average price is $224.55. The company has a market cap of $79.93 billion, a PE ratio of 18.83 and a beta of 0.84. iShares Russell 1000 Value ETF has a fifty-two week low of $191.64 and a fifty-two week high of $245.71.

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.