Cadence Bank Invests $834,000 in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Cadence Bank acquired a new position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 4,396 shares of the exchange traded fund’s stock, valued at approximately $834,000.

Several other institutional investors have also added to or reduced their stakes in IWD. Envestnet Asset Management Inc. lifted its stake in iShares Russell 1000 Value ETF by 0.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 6,320,932 shares of the exchange traded fund’s stock valued at $1,102,813,000 after acquiring an additional 37,236 shares in the last quarter. Raymond James & Associates lifted its position in shares of iShares Russell 1000 Value ETF by 0.6% in the third quarter. Raymond James & Associates now owns 3,666,344 shares of the exchange traded fund’s stock worth $695,872,000 after purchasing an additional 22,295 shares in the last quarter. LPL Financial LLC boosted its holdings in iShares Russell 1000 Value ETF by 0.7% during the third quarter. LPL Financial LLC now owns 3,293,977 shares of the exchange traded fund’s stock worth $625,197,000 after purchasing an additional 23,197 shares during the last quarter. PNC Financial Services Group Inc. boosted its holdings in iShares Russell 1000 Value ETF by 0.3% during the third quarter. PNC Financial Services Group Inc. now owns 3,247,266 shares of the exchange traded fund’s stock worth $616,331,000 after purchasing an additional 10,304 shares during the last quarter. Finally, International Assets Investment Management LLC grew its position in iShares Russell 1000 Value ETF by 20,632.6% in the third quarter. International Assets Investment Management LLC now owns 1,407,533 shares of the exchange traded fund’s stock valued at $267,150,000 after purchasing an additional 1,400,744 shares in the last quarter.

iShares Russell 1000 Value ETF Trading Up 0.1 %

Shares of IWD stock opened at $199.32 on Thursday. The firm’s fifty day moving average price is $191.72 and its two-hundred day moving average price is $183.54. iShares Russell 1000 Value ETF has a 1 year low of $155.30 and a 1 year high of $200.40. The firm has a market capitalization of $62.44 billion, a P/E ratio of 17.81 and a beta of 0.77.

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).