iShares Russell 1000 Value ETF (NYSEARCA:IWD) Shares Sold by SouthState Corp

SouthState Corp lowered its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 2.1% during the fourth quarter, Holdings Channel.com reports. The fund owned 5,255 shares of the exchange traded fund’s stock after selling 110 shares during the quarter. SouthState Corp’s holdings in iShares Russell 1000 Value ETF were worth $868,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Independent Advisor Alliance acquired a new stake in iShares Russell 1000 Value ETF during the 3rd quarter worth $211,000. Woodmont Investment Counsel LLC boosted its stake in iShares Russell 1000 Value ETF by 4.1% during the 3rd quarter. Woodmont Investment Counsel LLC now owns 4,065 shares of the exchange traded fund’s stock worth $617,000 after purchasing an additional 159 shares during the last quarter. Bailard Inc. boosted its stake in iShares Russell 1000 Value ETF by 6.3% during the 3rd quarter. Bailard Inc. now owns 4,476 shares of the exchange traded fund’s stock worth $680,000 after purchasing an additional 266 shares during the last quarter. Bridges Investment Management Inc. boosted its stake in iShares Russell 1000 Value ETF by 1.4% during the 3rd quarter. Bridges Investment Management Inc. now owns 261,998 shares of the exchange traded fund’s stock worth $39,777,000 after purchasing an additional 3,634 shares during the last quarter. Finally, Summit Wealth & Retirement Planning Inc. boosted its stake in iShares Russell 1000 Value ETF by 1.8% during the 3rd quarter. Summit Wealth & Retirement Planning Inc. now owns 77,032 shares of the exchange traded fund’s stock worth $11,695,000 after purchasing an additional 1,394 shares during the last quarter.

iShares Russell 1000 Value ETF Trading Up 0.6 %

IWD traded up $1.02 on Friday, hitting $173.12. 970,219 shares of the company’s stock were exchanged, compared to its average volume of 2,107,100. iShares Russell 1000 Value ETF has a fifty-two week low of $143.34 and a fifty-two week high of $179.56. The firm has a 50-day moving average price of $173.93 and a 200-day moving average price of $164.67. The stock has a market cap of $54.23 billion, a price-to-earnings ratio of 17.81 and a beta of 0.77.

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).