US Bancorp DE Sells 77,260 Shares of iShares Russell 1000 Value ETF $IWD

US Bancorp DE reduced its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 9.1% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 768,594 shares of the exchange traded fund’s stock after selling 77,260 shares during the quarter. US Bancorp DE owned about 0.24% of iShares Russell 1000 Value ETF worth $156,478,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. SilverOak Wealth Management LLC grew its position in shares of iShares Russell 1000 Value ETF by 0.4% in the third quarter. SilverOak Wealth Management LLC now owns 11,234 shares of the exchange traded fund’s stock valued at $2,287,000 after purchasing an additional 50 shares during the last quarter. Crestwood Advisors Group LLC boosted its stake in iShares Russell 1000 Value ETF by 1.7% in the 2nd quarter. Crestwood Advisors Group LLC now owns 3,159 shares of the exchange traded fund’s stock valued at $614,000 after purchasing an additional 52 shares during the period. Rathbones Group PLC grew its holdings in iShares Russell 1000 Value ETF by 3.0% in the 2nd quarter. Rathbones Group PLC now owns 1,799 shares of the exchange traded fund’s stock valued at $349,000 after buying an additional 52 shares in the last quarter. JFG Wealth Management LLC grew its holdings in iShares Russell 1000 Value ETF by 0.4% in the 3rd quarter. JFG Wealth Management LLC now owns 12,218 shares of the exchange traded fund’s stock valued at $2,487,000 after buying an additional 53 shares in the last quarter. Finally, Golden Road Advisors LLC increased its position in iShares Russell 1000 Value ETF by 1.3% during the 2nd quarter. Golden Road Advisors LLC now owns 4,137 shares of the exchange traded fund’s stock worth $804,000 after buying an additional 54 shares during the period. 84.93% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell 1000 Value ETF Stock Performance

IWD opened at $225.04 on Thursday. The stock has a fifty day moving average of $218.43 and a 200-day moving average of $209.00. The company has a market capitalization of $70.11 billion, a P/E ratio of 18.83 and a beta of 0.89. iShares Russell 1000 Value ETF has a fifty-two week low of $163.19 and a fifty-two week high of $226.39.

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). 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.