iShares Russell 1000 Value ETF (NYSEARCA:IWD) is 1ST Source Bank’s 3rd Largest Position

1ST Source Bank increased its position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 0.1% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 665,762 shares of the exchange traded fund’s stock after purchasing an additional 374 shares during the period. iShares Russell 1000 Value ETF makes up 7.1% of 1ST Source Bank’s portfolio, making the stock its 3rd largest holding. 1ST Source Bank’s holdings in iShares Russell 1000 Value ETF were worth $126,362,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. ORG Partners LLC acquired a new stake in shares of iShares Russell 1000 Value ETF during the 2nd quarter worth approximately $142,000. Triad Wealth Partners LLC purchased a new position in shares of iShares Russell 1000 Value ETF during the 2nd quarter worth $25,000. Brookstone Capital Management boosted its stake in iShares Russell 1000 Value ETF by 5.4% during the second quarter. Brookstone Capital Management now owns 10,530 shares of the exchange traded fund’s stock worth $1,925,000 after buying an additional 536 shares during the period. Gradient Investments LLC raised its stake in shares of iShares Russell 1000 Value ETF by 48.3% in the 2nd quarter. Gradient Investments LLC now owns 1,207 shares of the exchange traded fund’s stock valued at $211,000 after acquiring an additional 393 shares during the period. Finally, Saxon Interests Inc. boosted its position in shares of iShares Russell 1000 Value ETF by 13.9% during the second quarter. Saxon Interests Inc. now owns 12,863 shares of the exchange traded fund’s stock worth $2,244,000 after buying an additional 1,569 shares during the period.

iShares Russell 1000 Value ETF Trading Down 0.4 %

IWD traded down $0.69 during trading hours on Friday, hitting $191.88. 368,655 shares of the company’s stock were exchanged, compared to its average volume of 1,759,238. iShares Russell 1000 Value ETF has a 12-month low of $160.98 and a 12-month high of $200.42. The firm has a market cap of $60.11 billion, a P/E ratio of 17.81 and a beta of 0.77. The firm has a 50 day moving average of $193.35 and a 200 day moving average of $184.92.

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).