Oppenheimer Asset Management Inc. Sells 233,913 Shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Oppenheimer Asset Management Inc. lowered its holdings in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 70.2% in the 1st quarter, Holdings Channel.com reports. The firm owned 99,359 shares of the exchange traded fund’s stock after selling 233,913 shares during the quarter. Oppenheimer Asset Management Inc.’s holdings in iShares Russell 1000 Value ETF were worth $18,695,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of the business. Crewe Advisors LLC lifted its position in iShares Russell 1000 Value ETF by 5.1% during the first quarter. Crewe Advisors LLC now owns 1,539 shares of the exchange traded fund’s stock valued at $290,000 after purchasing an additional 75 shares during the last quarter. Diversified Portfolios Inc. lifted its position in iShares Russell 1000 Value ETF by 1.8% during the first quarter. Diversified Portfolios Inc. now owns 24,473 shares of the exchange traded fund’s stock valued at $4,605,000 after purchasing an additional 436 shares during the last quarter. Runnymede Capital Advisors Inc. lifted its position in iShares Russell 1000 Value ETF by 3.3% during the first quarter. Runnymede Capital Advisors Inc. now owns 2,697 shares of the exchange traded fund’s stock valued at $507,000 after purchasing an additional 86 shares during the last quarter. Tanglewood Legacy Advisors LLC lifted its position in iShares Russell 1000 Value ETF by 5.3% during the first quarter. Tanglewood Legacy Advisors LLC now owns 29,129 shares of the exchange traded fund’s stock valued at $5,481,000 after purchasing an additional 1,459 shares during the last quarter. Finally, Centerpoint Advisory Group lifted its position in iShares Russell 1000 Value ETF by 3.1% during the first quarter. Centerpoint Advisory Group now owns 10,980 shares of the exchange traded fund’s stock valued at $2,066,000 after purchasing an additional 325 shares during the last quarter.

iShares Russell 1000 Value ETF Stock Up 0.2%

IWD stock opened at $189.42 on Monday. iShares Russell 1000 Value ETF has a 52 week low of $163.19 and a 52 week high of $200.42. The company has a fifty day simple moving average of $185.71 and a two-hundred day simple moving average of $187.46. The firm has a market capitalization of $60.82 billion, a P/E ratio of 19.08 and a beta of 0.90.

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).