Bessemer Group Inc. cut its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD – Free Report) by 1.1% during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 52,620 shares of the exchange traded fund’s stock after selling 591 shares during the period. Bessemer Group Inc.’s holdings in iShares Russell 1000 Value ETF were worth $10,220,000 at the end of the most recent reporting period.
A number of other institutional investors have also made changes to their positions in IWD. Brighton Jones LLC lifted its position in shares of iShares Russell 1000 Value ETF by 8.9% during the fourth quarter. Brighton Jones LLC now owns 36,663 shares of the exchange traded fund’s stock worth $6,787,000 after purchasing an additional 2,981 shares in the last quarter. Bison Wealth LLC lifted its holdings in iShares Russell 1000 Value ETF by 13.9% in the 4th quarter. Bison Wealth LLC now owns 4,121 shares of the exchange traded fund’s stock worth $763,000 after buying an additional 502 shares in the last quarter. Golden State Wealth Management LLC lifted its holdings in iShares Russell 1000 Value ETF by 1,019.2% in the 1st quarter. Golden State Wealth Management LLC now owns 25,697 shares of the exchange traded fund’s stock worth $4,835,000 after buying an additional 23,401 shares in the last quarter. Red Tortoise LLC lifted its holdings in iShares Russell 1000 Value ETF by 0.4% in the 1st quarter. Red Tortoise LLC now owns 29,683 shares of the exchange traded fund’s stock worth $5,585,000 after buying an additional 108 shares in the last quarter. Finally, Richardson Capital Management LLC lifted its holdings in iShares Russell 1000 Value ETF by 55.9% in the 1st quarter. Richardson Capital Management LLC now owns 223 shares of the exchange traded fund’s stock worth $42,000 after buying an additional 80 shares in the last quarter. 84.93% of the stock is owned by institutional investors and hedge funds.
iShares Russell 1000 Value ETF Stock Performance
NYSEARCA:IWD opened at $206.10 on Wednesday. iShares Russell 1000 Value ETF has a one year low of $163.19 and a one year high of $207.58. The business’s 50-day simple moving average is $202.72 and its 200 day simple moving average is $194.62. The stock has a market cap of $65.50 billion, a price-to-earnings ratio of 18.83 and a beta of 0.89.
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).
Further Reading
- Five stocks we like better than iShares Russell 1000 Value ETF
- Best Aerospace Stocks Investing
- The Drone Arms Race: From Battlefield to Balance Sheet
- How to Capture the Benefits of Dividend Increases
- Why Wall Street Is Backing These 3 Comeback Stocks
- How to Use Stock Screeners to Find Stocks
- Intel’s Breakout Quarter: More Than a Beat, It’s a Declaration
Want to see what other hedge funds are holding IWD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Russell 1000 Value ETF (NYSEARCA:IWD – Free Report).
Receive News & Ratings for iShares Russell 1000 Value ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Russell 1000 Value ETF and related companies with MarketBeat.com's FREE daily email newsletter.
