TIAA Trust National Association Lowers Stock Holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

TIAA Trust National Association lessened its position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 1.1% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 1,214,994 shares of the exchange traded fund’s stock after selling 14,106 shares during the quarter. TIAA Trust National Association’s holdings in iShares Russell 1000 Value ETF were worth $224,587,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the company. CoreFirst Bank & Trust acquired a new position in iShares Russell 1000 Value ETF in the 4th quarter valued at about $162,000. Prudential Financial Inc. grew its holdings in shares of iShares Russell 1000 Value ETF by 52.8% in the fourth quarter. Prudential Financial Inc. now owns 2,966,613 shares of the exchange traded fund’s stock valued at $549,209,000 after purchasing an additional 1,025,357 shares in the last quarter. Congress Wealth Management LLC DE grew its holdings in shares of iShares Russell 1000 Value ETF by 7.7% in the fourth quarter. Congress Wealth Management LLC DE now owns 92,096 shares of the exchange traded fund’s stock valued at $17,050,000 after purchasing an additional 6,597 shares in the last quarter. LPL Financial LLC increased its stake in iShares Russell 1000 Value ETF by 12.9% during the 4th quarter. LPL Financial LLC now owns 3,720,195 shares of the exchange traded fund’s stock worth $688,720,000 after buying an additional 426,218 shares during the period. Finally, Simplex Trading LLC acquired a new stake in iShares Russell 1000 Value ETF during the 4th quarter worth approximately $562,000.

iShares Russell 1000 Value ETF Stock Up 1.4 %

NYSEARCA:IWD opened at $189.75 on Tuesday. iShares Russell 1000 Value ETF has a 52 week low of $168.85 and a 52 week high of $200.42. The company has a fifty day simple moving average of $191.44 and a two-hundred day simple moving average of $190.74. The company has a market cap of $61.37 billion, a price-to-earnings ratio of 19.31 and a beta of 0.97.

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).