Commerce Bank Sells 8,567 Shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Commerce Bank cut its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 1.1% during the third quarter, HoldingsChannel reports. The fund owned 763,394 shares of the exchange traded fund’s stock after selling 8,567 shares during the quarter. iShares Russell 1000 Value ETF comprises about 0.9% of Commerce Bank’s holdings, making the stock its 22nd largest position. Commerce Bank’s holdings in iShares Russell 1000 Value ETF were worth $144,892,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Triad Wealth Partners LLC acquired a new stake in iShares Russell 1000 Value ETF during the 2nd quarter worth about $25,000. Opal Wealth Advisors LLC acquired a new position in shares of iShares Russell 1000 Value ETF in the 2nd quarter valued at about $28,000. Eagle Bay Advisors LLC acquired a new position in iShares Russell 1000 Value ETF in the 3rd quarter worth about $32,000. Nemes Rush Group LLC raised its holdings in iShares Russell 1000 Value ETF by 382.1% in the 2nd quarter. Nemes Rush Group LLC now owns 188 shares of the exchange traded fund’s stock worth $33,000 after purchasing an additional 149 shares during the period. Finally, Family Firm Inc. purchased a new stake in iShares Russell 1000 Value ETF during the 2nd quarter worth approximately $37,000.

iShares Russell 1000 Value ETF Trading Down 0.3 %

NYSEARCA:IWD opened at $193.27 on Wednesday. iShares Russell 1000 Value ETF has a 12 month low of $154.04 and a 12 month high of $197.21. The stock has a 50 day moving average of $190.36 and a two-hundred day moving average of $182.67. The firm has a market cap of $60.54 billion, a P/E 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).