Meritage Portfolio Management trimmed its holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD – Free Report) by 1.1% in the third quarter, Holdings Channel.com reports. The institutional investor owned 27,111 shares of the exchange traded fund’s stock after selling 311 shares during the quarter. Meritage Portfolio Management’s holdings in iShares Russell 1000 Value ETF were worth $5,146,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also recently modified their holdings of IWD. International Assets Investment Management LLC boosted its position in shares of iShares Russell 1000 Value ETF by 20,632.6% during the 3rd quarter. International Assets Investment Management LLC now owns 1,407,533 shares of the exchange traded fund’s stock valued at $267,150,000 after acquiring an additional 1,400,744 shares during the last quarter. Cetera Investment Advisers increased its holdings in shares of iShares Russell 1000 Value ETF by 162.1% during the 1st quarter. Cetera Investment Advisers now owns 1,223,017 shares of the exchange traded fund’s stock worth $219,055,000 after buying an additional 756,464 shares during the last quarter. Strategic Financial Concepts LLC raised its position in shares of iShares Russell 1000 Value ETF by 17,863.4% during the 2nd quarter. Strategic Financial Concepts LLC now owns 414,955 shares of the exchange traded fund’s stock valued at $724,000 after buying an additional 412,645 shares during the period. Raymond James Financial Services Advisors Inc. lifted its holdings in iShares Russell 1000 Value ETF by 31.6% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 1,122,375 shares of the exchange traded fund’s stock valued at $195,821,000 after acquiring an additional 269,405 shares during the last quarter. Finally, Stairway Partners LLC grew its position in iShares Russell 1000 Value ETF by 13.9% in the third quarter. Stairway Partners LLC now owns 1,192,974 shares of the exchange traded fund’s stock worth $226,426,000 after acquiring an additional 145,967 shares during the period.
iShares Russell 1000 Value ETF Stock Up 0.5 %
NYSEARCA:IWD traded up $1.01 on Friday, reaching $195.35. The company’s stock had a trading volume of 1,729,511 shares, compared to its average volume of 1,733,132. iShares Russell 1000 Value ETF has a 12-month low of $148.63 and a 12-month high of $195.85. The stock has a 50 day moving average price of $189.06 and a 200 day moving average price of $181.49. The firm has a market cap of $61.19 billion, a price-to-earnings ratio of 17.81 and a beta of 0.77.
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).
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