Cullen Frost Bankers Inc. Raises Stock Holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Cullen Frost Bankers Inc. increased its position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 2.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 353,989 shares of the exchange traded fund’s stock after buying an additional 7,836 shares during the quarter. iShares Russell 1000 Value ETF accounts for approximately 0.9% of Cullen Frost Bankers Inc.’s holdings, making the stock its 28th biggest holding. Cullen Frost Bankers Inc.’s holdings in iShares Russell 1000 Value ETF were worth $65,534,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. M&T Bank Corp boosted its holdings in iShares Russell 1000 Value ETF by 4.9% in the fourth quarter. M&T Bank Corp now owns 3,720,837 shares of the exchange traded fund’s stock valued at $688,838,000 after acquiring an additional 173,058 shares in the last quarter. LPL Financial LLC boosted its holdings in iShares Russell 1000 Value ETF by 0.7% in the third quarter. LPL Financial LLC now owns 3,293,977 shares of the exchange traded fund’s stock valued at $625,197,000 after acquiring an additional 23,197 shares in the last quarter. PNC Financial Services Group Inc. boosted its holdings in iShares Russell 1000 Value ETF by 0.3% in the third quarter. PNC Financial Services Group Inc. now owns 3,247,266 shares of the exchange traded fund’s stock valued at $616,331,000 after acquiring an additional 10,304 shares in the last quarter. Synovus Financial Corp boosted its holdings in iShares Russell 1000 Value ETF by 1.2% in the third quarter. Synovus Financial Corp now owns 2,848,914 shares of the exchange traded fund’s stock valued at $540,724,000 after acquiring an additional 34,700 shares in the last quarter. Finally, Truist Financial Corp boosted its holdings in iShares Russell 1000 Value ETF by 13.6% in the fourth quarter. Truist Financial Corp now owns 2,501,354 shares of the exchange traded fund’s stock valued at $463,076,000 after acquiring an additional 299,280 shares in the last quarter.

iShares Russell 1000 Value ETF Stock Up 0.9 %

NYSEARCA:IWD opened at $190.33 on Thursday. The stock has a market cap of $61.22 billion, a P/E ratio of 19.81 and a beta of 0.98. The firm’s fifty day simple moving average is $191.09 and its 200 day simple moving average is $190.57. iShares Russell 1000 Value ETF has a twelve month low of $168.85 and a twelve month high of $200.42.

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).