Fifth Third Securities Inc. Raises Position in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Fifth Third Securities Inc. grew its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 15.3% during the fourth quarter, Holdings Channel reports. The firm owned 6,310 shares of the exchange traded fund’s stock after purchasing an additional 836 shares during the period. Fifth Third Securities Inc.’s holdings in iShares Russell 1000 Value ETF were worth $1,168,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. SOL Capital Management CO lifted its stake in iShares Russell 1000 Value ETF by 2.8% during the 4th quarter. SOL Capital Management CO now owns 26,124 shares of the exchange traded fund’s stock valued at $4,836,000 after acquiring an additional 700 shares in the last quarter. Crews Bank & Trust purchased a new stake in shares of iShares Russell 1000 Value ETF in the fourth quarter valued at about $237,000. OLD National Bancorp IN lifted its position in shares of iShares Russell 1000 Value ETF by 38.0% during the fourth quarter. OLD National Bancorp IN now owns 34,309 shares of the exchange traded fund’s stock valued at $6,352,000 after purchasing an additional 9,441 shares in the last quarter. Baron Wealth Management LLC bought a new position in shares of iShares Russell 1000 Value ETF during the fourth quarter valued at about $3,451,000. Finally, Baring Financial LLC purchased a new position in iShares Russell 1000 Value ETF during the fourth quarter worth about $652,000.

iShares Russell 1000 Value ETF Stock Performance

NYSEARCA:IWD opened at $193.54 on Friday. iShares Russell 1000 Value ETF has a 52 week low of $164.34 and a 52 week high of $200.42. The firm has a 50-day moving average price of $191.05 and a two-hundred day moving average price of $188.22. The firm has a market cap of $60.63 billion, a price-to-earnings ratio of 17.81 and a beta of 0.77.

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).