Simon Quick Advisors LLC Sells 236 Shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Simon Quick Advisors LLC lessened its holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 0.1% in the first quarter, Holdings Channel reports. The firm owned 189,828 shares of the exchange traded fund’s stock after selling 236 shares during the period. iShares Russell 1000 Value ETF accounts for 2.0% of Simon Quick Advisors LLC’s investment portfolio, making the stock its 13th largest holding. Simon Quick Advisors LLC’s holdings in iShares Russell 1000 Value ETF were worth $35,718,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in IWD. Bank of America Corp DE lifted its holdings in iShares Russell 1000 Value ETF by 9.5% during the 4th 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 purchasing an additional 4,699,792 shares in the last quarter. FMR LLC grew 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 buying an additional 354,694 shares during the last quarter. JPMorgan Chase & Co. grew its position 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 worth $1,712,831,000 after buying an additional 671,710 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in shares of iShares Russell 1000 Value ETF by 21.6% in the 4th 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 during the period. Finally, Wells Fargo & Company MN lifted its stake in shares of iShares Russell 1000 Value ETF by 36.6% in the 4th quarter. Wells Fargo & Company MN now owns 6,284,015 shares of the exchange traded fund’s stock valued at $1,163,360,000 after purchasing an additional 1,683,297 shares during the period.

iShares Russell 1000 Value ETF Trading Down 0.1%

Shares of NYSEARCA:IWD opened at $191.30 on Thursday. The stock has a market capitalization of $61.43 billion, a price-to-earnings ratio of 19.08 and a beta of 0.90. The stock has a fifty day simple moving average of $183.34 and a two-hundred day simple moving average of $188.04. iShares Russell 1000 Value ETF has a 12-month low of $163.19 and a 12-month high of $200.42.

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).