Renasant Bank Purchases 1,939 Shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Renasant Bank lifted its position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 44.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 6,322 shares of the exchange traded fund’s stock after buying an additional 1,939 shares during the quarter. Renasant Bank’s holdings in iShares Russell 1000 Value ETF were worth $1,170,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in IWD. Atala Financial Inc purchased a new stake in iShares Russell 1000 Value ETF in the fourth quarter worth about $496,000. Thompson Siegel & Walmsley LLC raised its holdings in shares of iShares Russell 1000 Value ETF by 9.9% in the 4th quarter. Thompson Siegel & Walmsley LLC now owns 15,293 shares of the exchange traded fund’s stock valued at $2,831,000 after purchasing an additional 1,379 shares in the last quarter. Impact Capital Partners LLC purchased a new stake in shares of iShares Russell 1000 Value ETF in the 4th quarter worth approximately $434,000. Mascoma Wealth Management LLC boosted its stake in shares of iShares Russell 1000 Value ETF by 19.6% during the fourth quarter. Mascoma Wealth Management LLC now owns 7,573 shares of the exchange traded fund’s stock valued at $1,402,000 after purchasing an additional 1,243 shares in the last quarter. Finally, Avantax Advisory Services Inc. boosted its stake in shares of iShares Russell 1000 Value ETF by 102.4% during the fourth quarter. Avantax Advisory Services Inc. now owns 149,734 shares of the exchange traded fund’s stock valued at $27,720,000 after purchasing an additional 75,773 shares in the last quarter.

iShares Russell 1000 Value ETF Stock Down 0.6 %

Shares of NYSEARCA:IWD opened at $182.82 on Friday. The firm has a 50 day moving average of $191.14 and a 200 day moving average of $190.61. The company has a market capitalization of $58.80 billion, a price-to-earnings ratio of 19.81 and a beta of 0.98. iShares Russell 1000 Value ETF has a 52 week low of $168.85 and a 52 week high of $200.42.

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).