Rhumbline Advisers Lowers Position in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Rhumbline Advisers cut its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 45.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 19,709 shares of the exchange traded fund’s stock after selling 16,475 shares during the quarter. Rhumbline Advisers’ holdings in iShares Russell 1000 Value ETF were worth $3,649,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of IWD. PUREfi Wealth LLC bought a new position in iShares Russell 1000 Value ETF during the fourth quarter valued at $342,000. Coho Partners Ltd. grew its holdings in iShares Russell 1000 Value ETF by 13,577.3% during the fourth quarter. Coho Partners Ltd. now owns 212,271 shares of the exchange traded fund’s stock valued at $39,298,000 after purchasing an additional 210,719 shares during the period. Campbell Wealth Management bought a new position in iShares Russell 1000 Value ETF during the fourth quarter valued at $281,000. Walkner Condon Financial Advisors LLC grew its holdings in iShares Russell 1000 Value ETF by 16.9% during the fourth quarter. Walkner Condon Financial Advisors LLC now owns 4,433 shares of the exchange traded fund’s stock valued at $821,000 after purchasing an additional 642 shares during the period. Finally, Newport Capital Group LLC boosted its holdings in shares of iShares Russell 1000 Value ETF by 2.2% in the fourth quarter. Newport Capital Group LLC now owns 67,424 shares of the exchange traded fund’s stock worth $12,486,000 after acquiring an additional 1,483 shares during the period.

iShares Russell 1000 Value ETF Stock Up 1.3 %

Shares of IWD opened at $194.37 on Friday. iShares Russell 1000 Value ETF has a twelve month low of $168.85 and a twelve month high of $200.42. The stock has a market cap of $62.52 billion, a PE ratio of 19.81 and a beta of 0.98. The business’s 50-day moving average price is $190.87 and its 200-day moving average price is $190.29.

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).