320,407 Shares in iShares Russell 1000 Value ETF $IWD Bought by StoneX Group Inc.

StoneX Group Inc. acquired a new stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 320,407 shares of the exchange traded fund’s stock, valued at approximately $79,441,000. iShares Russell 1000 Value ETF makes up approximately 2.9% of StoneX Group Inc.’s portfolio, making the stock its 3rd biggest position. StoneX Group Inc. owned 0.10% of iShares Russell 1000 Value ETF at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Baird Financial Group Inc. boosted its stake in shares of iShares Russell 1000 Value ETF by 2.7% in 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 during the period. Commonwealth Equity Services LLC acquired a new position in iShares Russell 1000 Value ETF in the 3rd quarter worth $374,407,000. Greenleaf Trust lifted its holdings in iShares Russell 1000 Value ETF by 20,660.3% in the 2nd 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 purchased a new position in iShares Russell 1000 Value ETF in the 3rd quarter valued at about $326,735,000. Finally, Fifth Third Bancorp boosted its position 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 valued at $254,645,000 after buying an additional 910,889 shares during the last quarter. Hedge funds and other institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Price Performance

Shares of iShares Russell 1000 Value ETF stock opened at $257.45 on Friday. The business has a 50-day moving average of $254.98 and a 200-day moving average of $239.16. The company has a market capitalization of $82.83 billion, a PE ratio of 18.83 and a beta of 0.84. iShares Russell 1000 Value ETF has a 1-year low of $199.79 and a 1-year high of $267.24.

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). 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.