Krane Financial Solutions LLC Sells 2,652 Shares of iShares Russell 1000 Value ETF $IWD

Krane Financial Solutions LLC cut its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 4.8% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 52,551 shares of the exchange traded fund’s stock after selling 2,652 shares during the quarter. iShares Russell 1000 Value ETF accounts for 8.2% of Krane Financial Solutions LLC’s holdings, making the stock its 3rd biggest position. Krane Financial Solutions LLC’s holdings in iShares Russell 1000 Value ETF were worth $13,029,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Greenleaf Trust grew its holdings in iShares Russell 1000 Value ETF by 20,660.3% during the second quarter. Greenleaf Trust now owns 1,491,213 shares of the exchange traded fund’s stock valued at $116,166,000 after purchasing an additional 1,484,030 shares during the period. Stairway Partners LLC bought a new stake in iShares Russell 1000 Value ETF in the third quarter valued at approximately $326,735,000. Fifth Third Bancorp raised its holdings in iShares Russell 1000 Value ETF by 324.3% in the first quarter. Fifth Third Bancorp now owns 1,191,768 shares of the exchange traded fund’s stock worth $254,645,000 after purchasing an additional 910,889 shares during the period. Oakworth Capital Inc. acquired a new stake in iShares Russell 1000 Value ETF in the third quarter worth $217,500,000. Finally, Marquette Asset Management LLC acquired a new stake in iShares Russell 1000 Value ETF in the third quarter worth $98,365,000. 84.93% of the stock is owned by institutional investors.

iShares Russell 1000 Value ETF Stock Up 2.6%

Shares of NYSEARCA IWD opened at $265.30 on Thursday. The company’s fifty day moving average is $254.98 and its 200-day moving average is $238.76. The stock has a market cap of $85.35 billion, a price-to-earnings ratio of 18.83 and a beta of 0.84. iShares Russell 1000 Value ETF has a twelve month low of $199.79 and a twelve month high of $265.58.

iShares Russell 1000 Value ETF Company 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.