MJP Associates Inc. ADV Sells 174,307 Shares of iShares Russell 1000 Value ETF $IWD

MJP Associates Inc. ADV decreased its holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 98.9% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 1,854 shares of the exchange traded fund’s stock after selling 174,307 shares during the quarter. MJP Associates Inc. ADV’s holdings in iShares Russell 1000 Value ETF were worth $390,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. 1ST Source Bank grew its holdings in iShares Russell 1000 Value ETF by 1.3% in the third quarter. 1ST Source Bank now owns 686,114 shares of the exchange traded fund’s stock worth $139,686,000 after purchasing an additional 8,737 shares during the last quarter. Cullen Frost Bankers Inc. grew its holdings in iShares Russell 1000 Value ETF by 0.8% in the third quarter. Cullen Frost Bankers Inc. now owns 379,841 shares of the exchange traded fund’s stock worth $77,332,000 after purchasing an additional 2,894 shares during the last quarter. Caprock Group LLC purchased a new position in iShares Russell 1000 Value ETF in the third quarter worth $3,803,000. Claro Advisors LLC grew its holdings in iShares Russell 1000 Value ETF by 21.2% in the third quarter. Claro Advisors LLC now owns 101,709 shares of the exchange traded fund’s stock worth $20,707,000 after purchasing an additional 17,760 shares during the last quarter. Finally, Focus Partners Advisor Solutions LLC grew its holdings in iShares Russell 1000 Value ETF by 32.6% in the third quarter. Focus Partners Advisor Solutions LLC now owns 25,923 shares of the exchange traded fund’s stock worth $5,308,000 after purchasing an additional 6,380 shares during the last quarter. 84.93% of the stock is owned by hedge funds and other institutional investors.

iShares Russell 1000 Value ETF Trading Up 0.4%

NYSEARCA IWD opened at $234.70 on Friday. The firm’s fifty day simple moving average is $223.25 and its two-hundred day simple moving average is $217.68. iShares Russell 1000 Value ETF has a 12-month low of $184.69 and a 12-month high of $236.01. The firm has a market capitalization of $75.39 billion, a P/E ratio of 18.83 and a beta of 0.84.

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). The Index represents approximately 50% of the total market capitalization of the Russell 1000 Index. The Index measures the large-capital value sector of the United States equity market.