Karp Capital Management Corp Cuts Holdings in iShares Russell 1000 Value ETF (IWD)

Karp Capital Management Corp lowered its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 6.6% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 20,345 shares of the exchange traded fund’s stock after selling 1,449 shares during the quarter. Karp Capital Management Corp’s holdings in iShares Russell 1000 Value ETF were worth $2,512,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Bank of America Corp DE lifted its position 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 worth $5,208,541,000 after purchasing an additional 9,228,967 shares in the last quarter. Financial Engines Advisors L.L.C. acquired a new position in shares of iShares Russell 1000 Value ETF in the fourth quarter valued at $1,992,256,000. FMR LLC increased its holdings in shares of iShares Russell 1000 Value ETF by 17.9% in the fourth quarter. FMR LLC now owns 15,330,409 shares of the exchange traded fund’s stock valued at $1,702,442,000 after purchasing an additional 2,328,742 shares during the last quarter. American Century Companies Inc. increased its holdings 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 purchasing an additional 3,134,017 shares during the last quarter. Finally, Raymond James & Associates increased its holdings in shares of iShares Russell 1000 Value ETF by 21.0% in the fourth quarter. Raymond James & Associates now owns 4,189,496 shares of the exchange traded fund’s stock valued at $465,243,000 after purchasing an additional 727,974 shares during the last quarter.

Shares of NYSEARCA:IWD traded up $1.28 on Thursday, hitting $125.05. The company had a trading volume of 144,307 shares, compared to its average volume of 2,506,330. iShares Russell 1000 Value ETF has a 1-year low of $104.07 and a 1-year high of $129.82.

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About iShares Russell 1000 Value ETF

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).

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

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