Drexel Morgan & Co. cut its position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 1.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 32,297 shares of the exchange traded fund’s stock after selling 540 shares during the period. iShares Russell 1000 Value ETF accounts for 3.6% of Drexel Morgan & Co.’s portfolio, making the stock its 3rd largest holding. Drexel Morgan & Co.’s holdings in iShares Russell 1000 Value ETF were worth $4,089,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Bank of New York Mellon Corp boosted its holdings in shares of iShares Russell 1000 Value ETF by 32.1% during the 3rd quarter. Bank of New York Mellon Corp now owns 490,671 shares of the exchange traded fund’s stock worth $62,129,000 after buying an additional 119,200 shares during the period. FTB Advisors Inc. boosted its holdings in shares of iShares Russell 1000 Value ETF by 24.5% during the 3rd quarter. FTB Advisors Inc. now owns 72,214 shares of the exchange traded fund’s stock worth $9,143,000 after buying an additional 14,219 shares during the period. South Texas Money Management Ltd. bought a new stake in shares of iShares Russell 1000 Value ETF during the 3rd quarter worth about $1,277,000. Intersect Capital LLC boosted its holdings in shares of iShares Russell 1000 Value ETF by 12.9% during the 3rd quarter. Intersect Capital LLC now owns 4,285 shares of the exchange traded fund’s stock worth $543,000 after buying an additional 488 shares during the period. Finally, AdvicePeriod LLC boosted its holdings in shares of iShares Russell 1000 Value ETF by 11.0% during the 3rd quarter. AdvicePeriod LLC now owns 22,712 shares of the exchange traded fund’s stock worth $2,876,000 after buying an additional 2,244 shares during the period.

Shares of IWD stock opened at $121.96 on Tuesday. iShares Russell 1000 Value ETF has a 52 week low of $116.03 and a 52 week high of $131.56.

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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).

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Institutional Ownership by Quarter for iShares Russell 1000 Value ETF (NYSEARCA:IWD)

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