Comerica Bank Grows Holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Comerica Bank raised its position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 2.0% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,009,103 shares of the exchange traded fund’s stock after purchasing an additional 19,400 shares during the period. iShares Russell 1000 Value ETF comprises about 0.7% of Comerica Bank’s investment portfolio, making the stock its 16th largest position. Comerica Bank owned about 0.32% of iShares Russell 1000 Value ETF worth $176,058,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Triad Wealth Partners LLC purchased a new position in shares of iShares Russell 1000 Value ETF during the 2nd quarter worth about $25,000. Opal Wealth Advisors LLC acquired a new stake in iShares Russell 1000 Value ETF in the second quarter valued at approximately $28,000. Concord Wealth Partners grew its position in iShares Russell 1000 Value ETF by 70.4% in the first quarter. Concord Wealth Partners now owns 167 shares of the exchange traded fund’s stock valued at $30,000 after acquiring an additional 69 shares in the last quarter. Family Firm Inc. acquired a new stake in iShares Russell 1000 Value ETF in the second quarter valued at approximately $37,000. Finally, New England Capital Financial Advisors LLC acquired a new stake in iShares Russell 1000 Value ETF in the second quarter valued at approximately $40,000.

iShares Russell 1000 Value ETF Stock Up 0.4 %

Shares of NYSEARCA:IWD opened at $189.29 on Friday. iShares Russell 1000 Value ETF has a 52-week low of $143.34 and a 52-week high of $190.37. The company has a 50 day moving average of $183.36 and a two-hundred day moving average of $178.12. The company has a market capitalization of $59.30 billion, a price-to-earnings ratio of 17.81 and a beta of 0.77.

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).