Glenmede Trust Co. NA Has $16.93 Million Holdings in iShares Russell 1000 Value ETF $IWD

Glenmede Trust Co. NA raised its position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 29.7% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 79,251 shares of the exchange traded fund’s stock after acquiring an additional 18,160 shares during the period. Glenmede Trust Co. NA’s holdings in iShares Russell 1000 Value ETF were worth $16,934,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Reyes Financial Architecture Inc. bought a new stake in iShares Russell 1000 Value ETF during the 4th quarter worth approximately $25,000. IFC & Insurance Marketing Inc. acquired a new stake in iShares Russell 1000 Value ETF during the 4th quarter valued at $28,000. MBM Wealth Consultants LLC bought a new position in iShares Russell 1000 Value ETF in the 1st quarter valued at $29,000. Grand Wealth Management LLC bought a new position in iShares Russell 1000 Value ETF in the 4th quarter valued at $31,000. Finally, Heritage Wealth Advisors acquired a new position in iShares Russell 1000 Value ETF in the fourth quarter worth $31,000. Institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Stock Performance

Shares of IWD stock opened at $251.82 on Friday. The stock’s fifty day moving average is $243.68 and its 200-day moving average is $229.97. The stock has a market capitalization of $81.90 billion, a PE ratio of 18.83 and a beta of 0.84. iShares Russell 1000 Value ETF has a 52 week low of $191.64 and a 52 week high of $252.73.

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.