Pasadena Private Wealth LLC Has $423,000 Stake in iShares Russell 1000 Value ETF $IWD

Pasadena Private Wealth LLC decreased its holdings in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 5.1% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,177 shares of the exchange traded fund’s stock after selling 118 shares during the quarter. Pasadena Private Wealth LLC’s holdings in iShares Russell 1000 Value ETF were worth $423,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the business. Goldman Sachs Group Inc. raised its stake in iShares Russell 1000 Value ETF by 2.4% during the first quarter. Goldman Sachs Group Inc. now owns 15,629,692 shares of the exchange traded fund’s stock worth $2,940,883,000 after acquiring an additional 363,429 shares in the last quarter. Envestnet Asset Management Inc. grew its holdings in shares of iShares Russell 1000 Value ETF by 0.9% during the second quarter. Envestnet Asset Management Inc. now owns 6,599,784 shares of the exchange traded fund’s stock worth $1,281,871,000 after purchasing an additional 57,669 shares during the last quarter. Baird Financial Group Inc. grew its holdings in shares of iShares Russell 1000 Value ETF by 1.8% during the first quarter. Baird Financial Group Inc. now owns 4,681,498 shares of the exchange traded fund’s stock worth $880,871,000 after purchasing an additional 81,955 shares during the last quarter. Northern Trust Corp grew its holdings in shares of iShares Russell 1000 Value ETF by 5.9% during the first quarter. Northern Trust Corp now owns 4,518,369 shares of the exchange traded fund’s stock worth $850,176,000 after purchasing an additional 253,088 shares during the last quarter. Finally, LPL Financial LLC grew its holdings in shares of iShares Russell 1000 Value ETF by 6.2% during the first quarter. LPL Financial LLC now owns 3,949,393 shares of the exchange traded fund’s stock worth $743,118,000 after purchasing an additional 229,198 shares during the last quarter. Institutional investors and hedge funds own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Trading Up 0.6%

NYSEARCA:IWD opened at $206.30 on Monday. The stock has a market cap of $65.53 billion, a P/E ratio of 18.83 and a beta of 0.95. The stock’s 50-day moving average is $202.40 and its 200-day moving average is $194.19. iShares Russell 1000 Value ETF has a 1-year low of $163.19 and a 1-year high of $206.87.

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).