South Texas Money Management Ltd. Has $2.83 Million Position in iShares Russell 1000 Value ETF (IWD)

South Texas Money Management Ltd. lifted its position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 24.6% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 22,902 shares of the exchange traded fund’s stock after acquiring an additional 4,516 shares during the period. South Texas Money Management Ltd.’s holdings in iShares Russell 1000 Value ETF were worth $2,828,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in IWD. Financial Engines Advisors L.L.C. bought a new position in shares of iShares Russell 1000 Value ETF in the fourth quarter valued at $1,992,256,000. Bank of America Corp DE grew its stake in shares of iShares Russell 1000 Value ETF by 24.5% in the fourth quarter. Bank of America Corp DE now owns 46,902,672 shares of the exchange traded fund’s stock valued at $5,208,541,000 after buying an additional 9,228,967 shares in the last quarter. American Century Companies Inc. grew its stake in shares of iShares Russell 1000 Value ETF by 96.7% in the fourth quarter. American Century Companies Inc. now owns 6,373,782 shares of the exchange traded fund’s stock valued at $707,808,000 after buying an additional 3,134,017 shares in the last quarter. FMR LLC boosted its position in iShares Russell 1000 Value ETF by 17.9% during the fourth quarter. FMR LLC now owns 15,330,409 shares of the exchange traded fund’s stock worth $1,702,442,000 after purchasing an additional 2,328,742 shares during the period. Finally, KLS Professional Advisors Group LLC boosted its position in iShares Russell 1000 Value ETF by 28,262.7% during the fourth quarter. KLS Professional Advisors Group LLC now owns 2,251,146 shares of the exchange traded fund’s stock worth $249,990,000 after purchasing an additional 2,243,209 shares during the period.

IWD stock traded up $0.25 during midday trading on Tuesday, reaching $126.53. 30,294 shares of the company were exchanged, compared to its average volume of 2,753,585. iShares Russell 1000 Value ETF has a one year low of $104.07 and a one year high of $129.82.

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 26th. Shareholders of record on Thursday, March 21st were given a dividend of $0.6658 per share. The ex-dividend date was Wednesday, March 20th. This represents a $2.66 dividend on an annualized basis and a yield of 2.10%.

WARNING: “South Texas Money Management Ltd. Has $2.83 Million Position in iShares Russell 1000 Value ETF (IWD)” was published by Community Financial News and is the property of of Community Financial News. If you are reading this piece on another site, it was stolen and republished in violation of United States & international trademark & copyright legislation. The correct version of this piece can be accessed at https://www.com-unik.info/2019/04/16/south-texas-money-management-ltd-has-2-83-million-position-in-ishares-russell-1000-value-etf-iwd.html.

iShares Russell 1000 Value ETF Company 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).

See Also: Is the Dow Jones Industrial Average (DJIA) still relevant?

Want to see what other hedge funds are holding IWD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Russell 1000 Value ETF (NYSEARCA:IWD).

Institutional Ownership by Quarter for iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Receive News & Ratings for iShares Russell 1000 Value ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Russell 1000 Value ETF and related companies with MarketBeat.com's FREE daily email newsletter.



Comments


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on reddit