EP Wealth Advisors LLC Sells 4,460 Shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD)

EP Wealth Advisors LLC lowered its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 1.4% during the 4th quarter, HoldingsChannel.com reports. The fund owned 318,876 shares of the exchange traded fund’s stock after selling 4,460 shares during the quarter. EP Wealth Advisors LLC’s holdings in iShares Russell 1000 Value ETF were worth $59,034,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in IWD. Bank of America Corp DE raised its stake in iShares Russell 1000 Value ETF by 9.5% in the fourth quarter. Bank of America Corp DE now owns 54,061,592 shares of the exchange traded fund’s stock worth $10,008,423,000 after buying an additional 4,699,792 shares in the last quarter. FMR LLC raised its position in shares of iShares Russell 1000 Value ETF by 4.0% in the 4th quarter. FMR LLC now owns 9,268,989 shares of the exchange traded fund’s stock worth $1,715,968,000 after acquiring an additional 354,694 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in shares of iShares Russell 1000 Value ETF by 7.8% in the 4th quarter. JPMorgan Chase & Co. now owns 9,252,043 shares of the exchange traded fund’s stock valued at $1,712,831,000 after purchasing an additional 671,710 shares during the period. Envestnet Asset Management Inc. boosted its position in shares of iShares Russell 1000 Value ETF by 21.6% during the fourth quarter. Envestnet Asset Management Inc. now owns 7,877,198 shares of the exchange traded fund’s stock valued at $1,458,306,000 after purchasing an additional 1,400,086 shares in the last quarter. Finally, Wells Fargo & Company MN grew its stake in iShares Russell 1000 Value ETF by 36.6% in the fourth quarter. Wells Fargo & Company MN now owns 6,284,015 shares of the exchange traded fund’s stock worth $1,163,360,000 after purchasing an additional 1,683,297 shares during the period.

iShares Russell 1000 Value ETF Trading Down 0.7 %

Shares of iShares Russell 1000 Value ETF stock opened at $182.92 on Wednesday. iShares Russell 1000 Value ETF has a 12 month low of $163.19 and a 12 month high of $200.42. The firm has a market capitalization of $60.80 billion, a P/E ratio of 18.54 and a beta of 0.90. The business has a fifty day simple moving average of $182.63 and a two-hundred day simple moving average of $188.69.

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).