SouthState Corp Cuts Stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

SouthState Corp lessened its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 2.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,255 shares of the exchange traded fund’s stock after selling 110 shares during the quarter. SouthState Corp’s holdings in iShares Russell 1000 Value ETF were worth $868,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also bought and sold shares of IWD. Headinvest LLC purchased a new position in shares of iShares Russell 1000 Value ETF during the third quarter valued at approximately $29,000. Peachtree Investment Partners LLC grew its position in iShares Russell 1000 Value ETF by 84.8% during the third quarter. Peachtree Investment Partners LLC now owns 194 shares of the exchange traded fund’s stock valued at $30,000 after buying an additional 89 shares during the period. HHM Wealth Advisors LLC grew its position in iShares Russell 1000 Value ETF by 60.2% during the fourth quarter. HHM Wealth Advisors LLC now owns 189 shares of the exchange traded fund’s stock valued at $31,000 after buying an additional 71 shares during the period. BluePath Capital Management LLC bought a new stake in iShares Russell 1000 Value ETF during the third quarter valued at approximately $36,000. Finally, Federated Hermes Inc. bought a new stake in iShares Russell 1000 Value ETF during the fourth quarter valued at approximately $42,000.

iShares Russell 1000 Value ETF Stock Performance

Shares of IWD traded up $1.02 during mid-day trading on Friday, reaching $173.12. The stock had a trading volume of 970,219 shares, compared to its average volume of 2,107,100. The firm has a market cap of $54.23 billion, a price-to-earnings ratio of 17.81 and a beta of 0.77. iShares Russell 1000 Value ETF has a 12 month low of $143.34 and a 12 month high of $179.56. The business has a fifty day moving average of $173.93 and a 200 day moving average of $164.67.

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).