Tranquility Partners LLC Sells 955 Shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Tranquility Partners LLC decreased its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 13.4% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 6,146 shares of the exchange traded fund’s stock after selling 955 shares during the quarter. Tranquility Partners LLC’s holdings in iShares Russell 1000 Value ETF were worth $1,016,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Steph & Co. increased its holdings in shares of iShares Russell 1000 Value ETF by 148.2% during the 4th quarter. Steph & Co. now owns 22,252 shares of the exchange traded fund’s stock worth $3,677,000 after purchasing an additional 13,285 shares during the period. River Road Asset Management LLC bought a new position in shares of iShares Russell 1000 Value ETF during the 4th quarter worth about $642,000. Oakworth Capital Inc. increased its holdings in shares of iShares Russell 1000 Value ETF by 2.1% during the 4th quarter. Oakworth Capital Inc. now owns 734,459 shares of the exchange traded fund’s stock worth $121,369,000 after purchasing an additional 14,818 shares during the period. TRUE Private Wealth Advisors increased its holdings in shares of iShares Russell 1000 Value ETF by 11.2% during the 4th quarter. TRUE Private Wealth Advisors now owns 165,413 shares of the exchange traded fund’s stock worth $27,334,000 after purchasing an additional 16,659 shares during the period. Finally, Safeguard Financial LLC bought a new position in shares of iShares Russell 1000 Value ETF during the 4th quarter worth about $328,000.

iShares Russell 1000 Value ETF Stock Performance

Shares of NYSEARCA:IWD traded down $0.31 on Wednesday, hitting $169.39. 1,641,424 shares of the company were exchanged, compared to its average volume of 2,177,846. The company’s 50 day moving average price is $172.95 and its two-hundred day moving average price is $163.02. iShares Russell 1000 Value ETF has a one year low of $143.34 and a one year high of $179.56. The firm has a market capitalization of $53.08 billion, a price-to-earnings ratio of 17.74 and a beta of 0.80.

About iShares Russell 1000 Value ETF

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).