Americana Partners LLC Increases Stock Position in iShares Russell 1000 Value ETF $IWD

Americana Partners LLC raised its position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 78.9% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 170,599 shares of the exchange traded fund’s stock after buying an additional 75,256 shares during the period. iShares Russell 1000 Value ETF makes up about 1.0% of Americana Partners LLC’s holdings, making the stock its 26th biggest holding. Americana Partners LLC owned approximately 0.05% of iShares Russell 1000 Value ETF worth $34,732,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of IWD. JPMorgan Chase & Co. raised its position in shares of iShares Russell 1000 Value ETF by 140.0% in the 2nd quarter. JPMorgan Chase & Co. now owns 9,153,000 shares of the exchange traded fund’s stock valued at $1,777,787,000 after purchasing an additional 32,036,243 shares in the last quarter. Envestnet Asset Management Inc. raised its position in shares of iShares Russell 1000 Value ETF by 0.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 6,599,784 shares of the exchange traded fund’s stock valued at $1,281,871,000 after acquiring an additional 57,669 shares in the last quarter. Baird Financial Group Inc. lifted its stake in iShares Russell 1000 Value ETF by 12.7% during 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 last quarter. Raymond James Financial Inc. lifted its position in shares of iShares Russell 1000 Value ETF by 1.6% in the 2nd quarter. Raymond James Financial Inc. now owns 4,978,791 shares of the exchange traded fund’s stock worth $967,031,000 after buying an additional 76,936 shares during the last quarter. Finally, M&T Bank Corp boosted its holdings in shares of iShares Russell 1000 Value ETF by 3.3% in the 2nd quarter. M&T Bank Corp now owns 3,931,029 shares of the exchange traded fund’s stock valued at $763,524,000 after buying an additional 126,874 shares during the period. 84.93% of the stock is owned by hedge funds and other institutional investors.

iShares Russell 1000 Value ETF Stock Down 0.1%

IWD opened at $218.99 on Tuesday. The company’s 50-day moving average price is $210.65 and its 200 day moving average price is $204.19. iShares Russell 1000 Value ETF has a fifty-two week low of $163.19 and a fifty-two week high of $219.86. The firm has a market cap of $70.28 billion, a price-to-earnings ratio of 18.83 and a beta of 0.89.

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.