iShares Russell 1000 Value ETF (NYSEARCA:IWD) Position Trimmed by Zions Bancorporation N.A.

Zions Bancorporation N.A. lowered its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 4.0% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 12,330 shares of the exchange traded fund’s stock after selling 511 shares during the period. Zions Bancorporation N.A.’s holdings in iShares Russell 1000 Value ETF were worth $2,283,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Raymond James Financial Inc. acquired a new position in shares of iShares Russell 1000 Value ETF in the fourth quarter worth about $972,637,000. Prudential Financial Inc. lifted its position in shares of iShares Russell 1000 Value ETF by 52.8% in the 4th quarter. Prudential Financial Inc. now owns 2,966,613 shares of the exchange traded fund’s stock valued at $549,209,000 after acquiring an additional 1,025,357 shares in the last quarter. BNP Paribas Financial Markets boosted its stake in iShares Russell 1000 Value ETF by 1,200,216.9% in the 3rd quarter. BNP Paribas Financial Markets now owns 780,206 shares of the exchange traded fund’s stock worth $148,083,000 after purchasing an additional 780,141 shares during the period. LPL Financial LLC grew its position 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 purchasing an additional 426,218 shares in the last quarter. Finally, Strategic Financial Concepts LLC raised its stake in iShares Russell 1000 Value ETF by 18,440.5% during the 4th quarter. Strategic Financial Concepts LLC now owns 420,683 shares of the exchange traded fund’s stock valued at $77,881,000 after purchasing an additional 418,414 shares during the period.

iShares Russell 1000 Value ETF Stock Down 0.2 %

IWD opened at $189.34 on Wednesday. The firm has a market capitalization of $61.24 billion, a P/E ratio of 19.31 and a beta of 0.97. The stock has a fifty day moving average of $191.49 and a 200-day moving average of $190.79. iShares Russell 1000 Value ETF has a 12-month low of $168.85 and a 12-month high of $200.42.

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).