Linscomb Wealth Inc. Lowers Holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Linscomb Wealth Inc. reduced its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 1.7% in the 4th quarter, Holdings Channel reports. The fund owned 34,321 shares of the exchange traded fund’s stock after selling 606 shares during the period. Linscomb Wealth Inc.’s holdings in iShares Russell 1000 Value ETF were worth $6,354,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently bought and sold shares of IWD. LPL Financial LLC grew its stake in shares of iShares Russell 1000 Value ETF by 0.7% during the 3rd quarter. LPL Financial LLC now owns 3,293,977 shares of the exchange traded fund’s stock worth $625,197,000 after purchasing an additional 23,197 shares during the period. PNC Financial Services Group Inc. boosted its holdings in iShares Russell 1000 Value ETF by 0.3% during the third quarter. PNC Financial Services Group Inc. now owns 3,247,266 shares of the exchange traded fund’s stock worth $616,331,000 after buying an additional 10,304 shares in the last quarter. Synovus Financial Corp grew its position in iShares Russell 1000 Value ETF by 1.2% during the third quarter. Synovus Financial Corp now owns 2,848,914 shares of the exchange traded fund’s stock valued at $540,724,000 after buying an additional 34,700 shares during the period. Truist Financial Corp increased its holdings in iShares Russell 1000 Value ETF by 13.6% in the fourth quarter. Truist Financial Corp now owns 2,501,354 shares of the exchange traded fund’s stock valued at $463,076,000 after buying an additional 299,280 shares in the last quarter. Finally, Stifel Financial Corp raised its position in shares of iShares Russell 1000 Value ETF by 3.8% in the third quarter. Stifel Financial Corp now owns 1,947,425 shares of the exchange traded fund’s stock worth $369,623,000 after acquiring an additional 70,612 shares during the period.

iShares Russell 1000 Value ETF Stock Down 0.3 %

IWD stock opened at $191.79 on Friday. iShares Russell 1000 Value ETF has a 52-week low of $168.85 and a 52-week high of $200.42. The firm has a market cap of $61.69 billion, a P/E ratio of 19.81 and a beta of 0.98. The company’s 50-day simple moving average is $190.69 and its 200-day simple moving average is $190.17.

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).