Lakewood Asset Management LLC Has $809,000 Position in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Lakewood Asset Management LLC cut its position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 1.3% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,639 shares of the exchange traded fund’s stock after selling 61 shares during the quarter. Lakewood Asset Management LLC’s holdings in iShares Russell 1000 Value ETF were worth $809,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Tennessee Valley Asset Management Partners bought a new stake in iShares Russell 1000 Value ETF in the fourth quarter valued at about $107,000. Investors Research Corp boosted its stake in iShares Russell 1000 Value ETF by 21.5% in the 4th quarter. Investors Research Corp now owns 931 shares of the exchange traded fund’s stock valued at $154,000 after buying an additional 165 shares in the last quarter. Wealth Alliance acquired a new stake in iShares Russell 1000 Value ETF in the 4th quarter valued at $515,000. Avior Wealth Management LLC boosted its stake in iShares Russell 1000 Value ETF by 24.5% in the 4th quarter. Avior Wealth Management LLC now owns 2,204 shares of the exchange traded fund’s stock valued at $364,000 after buying an additional 434 shares in the last quarter. Finally, TRUE Private Wealth Advisors grew its position in iShares Russell 1000 Value ETF by 11.2% in the fourth quarter. TRUE Private Wealth Advisors now owns 165,413 shares of the exchange traded fund’s stock valued at $27,334,000 after acquiring an additional 16,659 shares during the period.

iShares Russell 1000 Value ETF Stock Performance

Shares of NYSEARCA IWD traded up $0.53 during midday trading on Friday, reaching $182.34. 1,404,475 shares of the company traded hands, compared to its average volume of 1,822,342. The stock’s 50-day simple moving average is $177.23 and its 200-day simple moving average is $174.69. iShares Russell 1000 Value ETF has a 12 month low of $143.34 and a 12 month high of $184.93. The firm has a market cap of $57.12 billion, a PE ratio of 17.81 and a beta of 0.77.

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).