Baron Financial Group LLC Sells 215 Shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Baron Financial Group LLC lowered its position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 1.8% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 11,904 shares of the exchange traded fund’s stock after selling 215 shares during the quarter. iShares Russell 1000 Value ETF makes up about 1.4% of Baron Financial Group LLC’s portfolio, making the stock its 25th biggest position. Baron Financial Group LLC’s holdings in iShares Russell 1000 Value ETF were worth $2,240,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently made changes to their positions in IWD. Bank of America Corp DE raised its holdings 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 purchasing an additional 4,699,792 shares in the last quarter. FMR LLC boosted its stake in iShares Russell 1000 Value ETF by 4.0% in the fourth quarter. FMR LLC now owns 9,268,989 shares of the exchange traded fund’s stock valued at $1,715,968,000 after acquiring an additional 354,694 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in iShares Russell 1000 Value ETF by 7.8% in the fourth quarter. JPMorgan Chase & Co. now owns 9,252,043 shares of the exchange traded fund’s stock worth $1,712,831,000 after purchasing an additional 671,710 shares during the last quarter. Envestnet Asset Management Inc. increased 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 worth $1,458,306,000 after purchasing an additional 1,400,086 shares in the last quarter. Finally, Wells Fargo & Company MN lifted its holdings in shares of iShares Russell 1000 Value ETF by 36.6% during 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 last quarter.

iShares Russell 1000 Value ETF Stock Performance

Shares of NYSEARCA IWD opened at $190.76 on Friday. iShares Russell 1000 Value ETF has a fifty-two week low of $163.19 and a fifty-two week high of $200.42. The company has a market cap of $61.25 billion, a PE ratio of 19.08 and a beta of 0.90. The business has a 50-day simple moving average of $182.68 and a two-hundred day simple moving average of $188.10.

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).