Fifth Third Securities Inc. Sells 73,073 Shares of iShares Russell 1000 Value ETF $IWD

Fifth Third Securities Inc. trimmed its position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 79.2% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 19,175 shares of the exchange traded fund’s stock after selling 73,073 shares during the quarter. Fifth Third Securities Inc.’s holdings in iShares Russell 1000 Value ETF were worth $4,754,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Baird Financial Group Inc. increased its stake in shares of iShares Russell 1000 Value ETF by 2.7% during the second quarter. Baird Financial Group Inc. now owns 6,192,377 shares of the exchange traded fund’s stock valued at $1,501,218,000 after purchasing an additional 165,599 shares in the last quarter. Greenleaf Trust lifted its stake in shares of iShares Russell 1000 Value ETF by 20,660.3% in the second quarter. Greenleaf Trust now owns 1,491,213 shares of the exchange traded fund’s stock worth $116,166,000 after buying an additional 1,484,030 shares in the last quarter. Stairway Partners LLC bought a new stake in shares of iShares Russell 1000 Value ETF during the third quarter valued at approximately $326,735,000. Fifth Third Bancorp raised its holdings in iShares Russell 1000 Value ETF by 324.3% in the 1st quarter. Fifth Third Bancorp now owns 1,191,768 shares of the exchange traded fund’s stock worth $254,645,000 after acquiring an additional 910,889 shares during the last quarter. Finally, Bank of New York Mellon Corp lifted its holdings in shares of iShares Russell 1000 Value ETF by 5.3% during the first quarter. Bank of New York Mellon Corp now owns 903,575 shares of the exchange traded fund’s stock valued at $193,067,000 after purchasing an additional 45,283 shares in the last quarter. 84.93% of the stock is owned by hedge funds and other institutional investors.

iShares Russell 1000 Value ETF Price Performance

NYSEARCA IWD traded up $0.50 during trading hours on Wednesday, hitting $258.20. The company’s stock had a trading volume of 555,080 shares, compared to its average volume of 2,617,187. The company has a market cap of $84.48 billion, a P/E ratio of 18.83 and a beta of 0.84. The company’s 50 day simple moving average is $254.62 and its two-hundred day simple moving average is $244.28. iShares Russell 1000 Value ETF has a 12 month low of $199.79 and a 12 month high of $260.19.

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.