Austin Asset Management Co Inc Trims Stake in iShares Russell 1000 Value ETF $IWD

Austin Asset Management Co Inc reduced its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 6.1% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 2,401 shares of the exchange traded fund’s stock after selling 155 shares during the period. Austin Asset Management Co Inc’s holdings in iShares Russell 1000 Value ETF were worth $466,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Goldman Sachs Group Inc. grew its position in iShares Russell 1000 Value ETF by 2.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 15,629,692 shares of the exchange traded fund’s stock valued at $2,940,883,000 after acquiring an additional 363,429 shares in the last quarter. Baird Financial Group Inc. grew its position in iShares Russell 1000 Value ETF by 1.8% in the 1st quarter. Baird Financial Group Inc. now owns 4,681,498 shares of the exchange traded fund’s stock valued at $880,871,000 after acquiring an additional 81,955 shares in the last quarter. Northern Trust Corp grew its position in iShares Russell 1000 Value ETF by 5.9% in the 1st quarter. Northern Trust Corp now owns 4,518,369 shares of the exchange traded fund’s stock valued at $850,176,000 after acquiring an additional 253,088 shares in the last quarter. LPL Financial LLC grew its position in iShares Russell 1000 Value ETF by 6.2% in the 1st quarter. LPL Financial LLC now owns 3,949,393 shares of the exchange traded fund’s stock valued at $743,118,000 after acquiring an additional 229,198 shares in the last quarter. Finally, M&T Bank Corp grew its position in iShares Russell 1000 Value ETF by 2.2% in the 1st quarter. M&T Bank Corp now owns 3,804,155 shares of the exchange traded fund’s stock valued at $715,790,000 after acquiring an additional 83,318 shares in the last quarter. 84.93% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell 1000 Value ETF Price Performance

NYSEARCA IWD opened at $204.95 on Thursday. iShares Russell 1000 Value ETF has a 1-year low of $163.19 and a 1-year high of $206.01. The company has a market cap of $64.72 billion, a P/E ratio of 18.83 and a beta of 0.95. The stock has a 50-day moving average of $200.58 and a two-hundred day moving average of $192.20.

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).