First Citizens Asset Management Inc. Trims Stock Holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

First Citizens Asset Management Inc. lowered its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 6.8% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,188 shares of the exchange traded fund’s stock after selling 160 shares during the period. iShares Russell 1000 Value ETF accounts for approximately 0.1% of First Citizens Asset Management Inc.’s portfolio, making the stock its 26th biggest holding. First Citizens Asset Management Inc.’s holdings in iShares Russell 1000 Value ETF were worth $415,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Objectivity Squared LLC grew its holdings in shares of iShares Russell 1000 Value ETF by 6.6% during the second quarter. Objectivity Squared LLC now owns 51,759 shares of the exchange traded fund’s stock worth $9,440,000 after buying an additional 3,215 shares in the last quarter. Raymond James & Associates lifted its stake in shares of iShares Russell 1000 Value ETF by 0.3% during the 2nd quarter. Raymond James & Associates now owns 3,644,049 shares of the exchange traded fund’s stock worth $635,777,000 after purchasing an additional 11,960 shares during the period. Bank of New York Mellon Corp boosted its holdings in shares of iShares Russell 1000 Value ETF by 8.8% during the second quarter. Bank of New York Mellon Corp now owns 866,591 shares of the exchange traded fund’s stock worth $151,194,000 after purchasing an additional 70,330 shares during the last quarter. Empowered Funds LLC acquired a new position in iShares Russell 1000 Value ETF in the first quarter valued at $290,000. Finally, Lake Hills Wealth Management LLC acquired a new position in iShares Russell 1000 Value ETF in the third quarter valued at $271,000.

iShares Russell 1000 Value ETF Price Performance

NYSEARCA:IWD traded up $1.49 during mid-day trading on Tuesday, reaching $189.04. The company’s stock had a trading volume of 263,419 shares, compared to its average volume of 1,723,206. The stock has a market cap of $59.22 billion, a P/E ratio of 17.81 and a beta of 0.77. The company’s fifty day simple moving average is $188.52 and its two-hundred day simple moving average is $181.00. iShares Russell 1000 Value ETF has a twelve month low of $148.63 and a twelve month high of $193.77.

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).