iShares Russell 1000 Value ETF $IWD Shares Bought by Comerica Bank

Comerica Bank raised its holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 1.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 974,143 shares of the exchange traded fund’s stock after acquiring an additional 13,612 shares during the period. iShares Russell 1000 Value ETF makes up approximately 0.8% of Comerica Bank’s investment portfolio, making the stock its 16th largest position. Comerica Bank owned about 0.31% of iShares Russell 1000 Value ETF worth $204,901,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Reyes Financial Architecture Inc. acquired a new stake in shares of iShares Russell 1000 Value ETF during the 4th quarter worth approximately $25,000. Holos Integrated Wealth LLC acquired a new stake in shares of iShares Russell 1000 Value ETF during the 4th quarter worth approximately $31,000. Grand Wealth Management LLC acquired a new stake in shares of iShares Russell 1000 Value ETF during the 4th quarter worth approximately $31,000. Eagle Bay Advisors LLC acquired a new stake in shares of iShares Russell 1000 Value ETF during the 4th quarter worth approximately $36,000. Finally, Davis Capital Management acquired a new stake in shares of iShares Russell 1000 Value ETF during the 3rd quarter worth approximately $38,000. Institutional investors and hedge funds own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Price Performance

Shares of NYSEARCA IWD opened at $227.65 on Monday. The company has a 50 day simple moving average of $220.05 and a 200-day simple moving average of $214.30. The company has a market capitalization of $73.31 billion, a P/E ratio of 18.83 and a beta of 0.85. iShares Russell 1000 Value ETF has a 1 year low of $178.62 and a 1 year high of $228.54.

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). 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.