Cullen Frost Bankers Inc. Purchases 34,811 Shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Cullen Frost Bankers Inc. boosted its holdings in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 11.6% in the 4th quarter, Holdings Channel reports. The firm owned 333,664 shares of the exchange traded fund’s stock after buying an additional 34,811 shares during the period. iShares Russell 1000 Value ETF accounts for about 0.9% of Cullen Frost Bankers Inc.’s holdings, making the stock its 29th largest position. Cullen Frost Bankers Inc.’s holdings in iShares Russell 1000 Value ETF were worth $55,138,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Headinvest LLC acquired a new stake in iShares Russell 1000 Value ETF in the third quarter valued at approximately $29,000. Peachtree Investment Partners LLC boosted its holdings in shares of iShares Russell 1000 Value ETF by 84.8% during the 3rd quarter. Peachtree Investment Partners LLC now owns 194 shares of the exchange traded fund’s stock valued at $30,000 after acquiring an additional 89 shares in the last quarter. HHM Wealth Advisors LLC grew its position in iShares Russell 1000 Value ETF by 60.2% during the 4th quarter. HHM Wealth Advisors LLC now owns 189 shares of the exchange traded fund’s stock worth $31,000 after acquiring an additional 71 shares during the last quarter. BluePath Capital Management LLC bought a new stake in iShares Russell 1000 Value ETF during the 3rd quarter worth $36,000. Finally, Federated Hermes Inc. acquired a new position in iShares Russell 1000 Value ETF in the 4th quarter worth about $42,000.

iShares Russell 1000 Value ETF Stock Up 0.2 %

Shares of IWD stock traded up $0.40 during mid-day trading on Tuesday, reaching $174.87. 786,897 shares of the stock traded hands, compared to its average volume of 2,079,810. The company has a market cap of $54.78 billion, a price-to-earnings ratio of 17.81 and a beta of 0.77. The stock’s fifty day simple moving average is $174.14 and its two-hundred day simple moving average is $165.38. iShares Russell 1000 Value ETF has a 1-year low of $143.34 and a 1-year high of $179.56.

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).