Washington Trust Bank Lowers Stock Position in iShares Russell 1000 Value ETF $IWD

Washington Trust Bank decreased its position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 69.1% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 2,204 shares of the exchange traded fund’s stock after selling 4,929 shares during the period. Washington Trust Bank’s holdings in iShares Russell 1000 Value ETF were worth $449,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the company. Clayton Financial Group LLC purchased a new stake in shares of iShares Russell 1000 Value ETF during the 3rd quarter worth about $27,000. Advantage Trust Co acquired a new position in iShares Russell 1000 Value ETF in the 2nd quarter worth about $29,000. RMG Wealth Management LLC purchased a new position in iShares Russell 1000 Value ETF during the second quarter worth approximately $33,000. Access Investment Management LLC acquired a new stake in iShares Russell 1000 Value ETF in the second quarter valued at approximately $35,000. Finally, Clarity Asset Management Inc. acquired a new stake in iShares Russell 1000 Value ETF in the second quarter valued at approximately $35,000. Institutional investors and hedge funds own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Price Performance

iShares Russell 1000 Value ETF stock opened at $217.59 on Friday. The stock has a market capitalization of $71.12 billion, a PE ratio of 18.83 and a beta of 0.89. The business has a 50 day simple moving average of $208.93 and a 200-day simple moving average of $203.11. iShares Russell 1000 Value ETF has a 12 month low of $163.19 and a 12 month high of $217.89.

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.