1ST Source Bank Has $132.88 Million Stock Holdings in iShares Russell 1000 Value ETF $IWD

1ST Source Bank grew its holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 1.9% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 621,889 shares of the exchange traded fund’s stock after purchasing an additional 11,697 shares during the quarter. iShares Russell 1000 Value ETF comprises 6.9% of 1ST Source Bank’s portfolio, making the stock its 4th biggest holding. 1ST Source Bank owned approximately 0.19% of iShares Russell 1000 Value ETF worth $132,879,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Reyes Financial Architecture Inc. bought a new stake in iShares Russell 1000 Value ETF in the 4th quarter valued at $25,000. IFC & Insurance Marketing Inc. acquired a new stake in iShares Russell 1000 Value ETF in the 4th quarter worth $28,000. MBM Wealth Consultants LLC bought a new position in shares of iShares Russell 1000 Value ETF during the 1st quarter worth about $29,000. Heritage Wealth Advisors bought a new position in shares of iShares Russell 1000 Value ETF during the 4th quarter worth about $31,000. Finally, Holos Integrated Wealth LLC acquired a new position in shares of iShares Russell 1000 Value ETF during the fourth quarter valued at about $31,000. 84.93% of the stock is currently owned by institutional investors.

iShares Russell 1000 Value ETF Stock Performance

NYSEARCA IWD opened at $246.37 on Wednesday. The firm has a 50-day simple moving average of $239.79 and a 200 day simple moving average of $226.84. iShares Russell 1000 Value ETF has a twelve month low of $191.64 and a twelve month high of $249.26. The stock has a market cap of $81.29 billion, a PE ratio of 18.83 and a beta of 0.84.

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.