iShares Russell 1000 Value ETF (NYSEARCA:IWD) Shares Sold by Montecito Bank & Trust

Montecito Bank & Trust decreased its position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 0.2% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 49,708 shares of the exchange traded fund’s stock after selling 110 shares during the quarter. iShares Russell 1000 Value ETF comprises 1.6% of Montecito Bank & Trust’s holdings, making the stock its 13th biggest position. Montecito Bank & Trust’s holdings in iShares Russell 1000 Value ETF were worth $9,435,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of IWD. Woodmont Investment Counsel LLC grew its holdings in iShares Russell 1000 Value ETF by 6.0% in the 3rd quarter. Woodmont Investment Counsel LLC now owns 4,277 shares of the exchange traded fund’s stock valued at $812,000 after buying an additional 243 shares during the period. US Financial Advisors LLC increased its position in iShares Russell 1000 Value ETF by 7.0% during the third quarter. US Financial Advisors LLC now owns 64,782 shares of the exchange traded fund’s stock worth $12,296,000 after purchasing an additional 4,258 shares during the last quarter. Ironsides Asset Advisors LLC raised its stake in iShares Russell 1000 Value ETF by 0.5% during the third quarter. Ironsides Asset Advisors LLC now owns 14,365 shares of the exchange traded fund’s stock worth $2,727,000 after purchasing an additional 74 shares during the period. Advisor Resource Council acquired a new position in shares of iShares Russell 1000 Value ETF in the 3rd quarter valued at $232,000. Finally, Graypoint LLC grew its position in iShares Russell 1000 Value ETF by 6.0% during the third quarter. Graypoint LLC now owns 206,280 shares of the exchange traded fund’s stock valued at $39,152,000 after acquiring an additional 11,632 shares during the period.

iShares Russell 1000 Value ETF Price Performance

NYSEARCA IWD opened at $194.84 on Thursday. iShares Russell 1000 Value ETF has a 1-year low of $148.63 and a 1-year high of $195.16. The business’s 50-day simple moving average is $188.77 and its 200-day simple moving average is $181.23. The firm has a market capitalization of $61.03 billion, a P/E 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).