iShares Russell 1000 Value ETF $IWD is Oakworth Capital Inc.’s 2nd Largest Position

Oakworth Capital Inc. lifted its position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 1.9% during the 3rd quarter, Holdings Channel.com reports. The fund owned 809,233 shares of the exchange traded fund’s stock after buying an additional 15,075 shares during the period. iShares Russell 1000 Value ETF makes up 9.5% of Oakworth Capital Inc.’s holdings, making the stock its 2nd largest holding. Oakworth Capital Inc.’s holdings in iShares Russell 1000 Value ETF were worth $164,752,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also modified their holdings of the company. Atlantic Union Bankshares Corp lifted its holdings in iShares Russell 1000 Value ETF by 612.7% in the 2nd quarter. Atlantic Union Bankshares Corp now owns 23,036 shares of the exchange traded fund’s stock valued at $4,474,000 after purchasing an additional 19,804 shares in the last quarter. Arkadios Wealth Advisors grew its holdings in shares of iShares Russell 1000 Value ETF by 25.4% during the third quarter. Arkadios Wealth Advisors now owns 73,261 shares of the exchange traded fund’s stock worth $14,915,000 after buying an additional 14,842 shares in the last quarter. Americana Partners LLC raised its position in shares of iShares Russell 1000 Value ETF by 78.9% in the third quarter. Americana Partners LLC now owns 170,599 shares of the exchange traded fund’s stock valued at $34,732,000 after buying an additional 75,256 shares during the last quarter. Joel Adams & Associates Inc. lifted its stake in shares of iShares Russell 1000 Value ETF by 93.2% during the second quarter. Joel Adams & Associates Inc. now owns 2,900 shares of the exchange traded fund’s stock valued at $563,000 after buying an additional 1,399 shares during the period. Finally, 1ST Source Bank lifted its stake in shares of iShares Russell 1000 Value ETF by 0.3% during the second quarter. 1ST Source Bank now owns 677,377 shares of the exchange traded fund’s stock valued at $131,567,000 after buying an additional 2,259 shares during the period. Institutional investors and hedge funds own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Stock Performance

Shares of NYSEARCA IWD opened at $219.86 on Friday. The firm has a market cap of $68.86 billion, a P/E ratio of 18.83 and a beta of 0.89. iShares Russell 1000 Value ETF has a 1 year low of $163.19 and a 1 year high of $221.43. The firm’s 50 day moving average price is $213.36 and its 200 day moving average price is $205.56.

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). 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.