First Horizon Corp Acquires Shares of 125,113 iShares Russell 1000 Value ETF $IWD

First Horizon Corp bought a new position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 125,113 shares of the exchange traded fund’s stock, valued at approximately $25,472,000. iShares Russell 1000 Value ETF accounts for about 1.2% of First Horizon Corp’s investment portfolio, making the stock its 17th biggest position.

Several other institutional investors have also made changes to their positions in the stock. JPMorgan Chase & Co. increased its stake in iShares Russell 1000 Value ETF by 140.0% during the 2nd quarter. JPMorgan Chase & Co. now owns 9,153,000 shares of the exchange traded fund’s stock worth $1,777,787,000 after acquiring an additional 32,036,243 shares during the period. Baird Financial Group Inc. increased its position in shares of iShares Russell 1000 Value ETF by 12.7% in the second quarter. Baird Financial Group Inc. now owns 5,275,282 shares of the exchange traded fund’s stock worth $1,024,618,000 after purchasing an additional 593,784 shares during the period. Independence Asset Advisors LLC acquired a new position in iShares Russell 1000 Value ETF in the second quarter valued at about $59,496,000. Marquette Asset Management LLC lifted its position in iShares Russell 1000 Value ETF by 716.9% during the second quarter. Marquette Asset Management LLC now owns 339,687 shares of the exchange traded fund’s stock worth $65,977,000 after purchasing an additional 298,107 shares during the period. Finally, MJP Associates Inc. ADV bought a new stake in iShares Russell 1000 Value ETF during the second quarter worth about $35,330,000. 84.93% of the stock is currently owned by institutional investors.

iShares Russell 1000 Value ETF Stock Up 0.7%

IWD stock opened at $217.59 on Monday. The company’s 50-day moving average price is $208.93 and its two-hundred day moving average price is $203.20. The firm has a market cap of $71.12 billion, a P/E ratio of 18.83 and a beta of 0.89. iShares Russell 1000 Value ETF has a 12 month low of $163.19 and a 12 month high of $217.89.

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.