Lombard Odier Asset Management USA Corp Invests $54.88 Million in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Lombard Odier Asset Management USA Corp bought a new position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 362,100 shares of the exchange traded fund’s stock, valued at approximately $54,876,000. iShares Russell 1000 Value ETF accounts for about 2.0% of Lombard Odier Asset Management USA Corp’s holdings, making the stock its 2nd largest holding. Lombard Odier Asset Management USA Corp owned approximately 0.11% of iShares Russell 1000 Value ETF at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Farr Miller & Washington LLC DC purchased a new position in iShares Russell 1000 Value ETF in the first quarter valued at about $722,000. Eaton Vance Management increased its holdings in iShares Russell 1000 Value ETF by 258.7% in the first quarter. Eaton Vance Management now owns 21,504 shares of the exchange traded fund’s stock valued at $3,261,000 after buying an additional 15,509 shares in the last quarter. Morgan Stanley increased its holdings in iShares Russell 1000 Value ETF by 5.7% in the first quarter. Morgan Stanley now owns 29,835,223 shares of the exchange traded fund’s stock valued at $4,521,528,000 after buying an additional 1,615,437 shares in the last quarter. Perigon Wealth Management LLC increased its holdings in iShares Russell 1000 Value ETF by 1.6% in the first quarter. Perigon Wealth Management LLC now owns 11,072 shares of the exchange traded fund’s stock valued at $1,678,000 after buying an additional 177 shares in the last quarter. Finally, Renasant Bank increased its stake in shares of iShares Russell 1000 Value ETF by 1.8% during the 1st quarter. Renasant Bank now owns 12,038 shares of the exchange traded fund’s stock worth $1,824,000 after purchasing an additional 208 shares in the last quarter.

Shares of IWD traded down $0.65 during mid-day trading on Thursday, reaching $157.92. 125,478 shares of the company’s stock were exchanged, compared to its average volume of 2,763,821. The stock’s 50-day simple moving average is $159.38. iShares Russell 1000 Value ETF has a 52-week low of $113.57 and a 52-week high of $163.39.

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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