Webster Bank N. A. Raises Stock Position in iShares Russell 1000 Value ETF $IWD

Webster Bank N. A. boosted its holdings in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 11.5% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 46,445 shares of the exchange traded fund’s stock after purchasing an additional 4,780 shares during the period. iShares Russell 1000 Value ETF comprises approximately 0.9% of Webster Bank N. A.’s investment portfolio, making the stock its 25th biggest holding. Webster Bank N. A.’s holdings in iShares Russell 1000 Value ETF were worth $9,924,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Brookstone Capital Management lifted its holdings in shares of iShares Russell 1000 Value ETF by 1.7% in the 1st quarter. Brookstone Capital Management now owns 10,339 shares of the exchange traded fund’s stock valued at $2,209,000 after buying an additional 174 shares during the period. Tactive Advisors LLC grew its holdings in iShares Russell 1000 Value ETF by 2.0% during the first quarter. Tactive Advisors LLC now owns 9,993 shares of the exchange traded fund’s stock worth $2,135,000 after acquiring an additional 194 shares during the period. Evolve Private Wealth LLC purchased a new position in iShares Russell 1000 Value ETF during the first quarter valued at approximately $2,154,000. Forbes J M & Co. LLP purchased a new position in iShares Russell 1000 Value ETF during the first quarter valued at approximately $224,000. Finally, Quotient Wealth Partners LLC raised its position in iShares Russell 1000 Value ETF by 0.7% during the first quarter. Quotient Wealth Partners LLC now owns 9,623 shares of the exchange traded fund’s stock valued at $2,056,000 after acquiring an additional 65 shares in the last quarter. 84.93% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell 1000 Value ETF Trading Up 0.6%

Shares of NYSEARCA:IWD opened at $243.53 on Tuesday. iShares Russell 1000 Value ETF has a 12-month low of $188.55 and a 12-month high of $245.51. The business has a 50 day moving average of $233.93 and a two-hundred day moving average of $222.97. The company has a market capitalization of $78.22 billion, a PE ratio of 18.83 and a beta of 0.84.

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.