Benjamin Edwards Inc. lessened its holdings in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD – Free Report) by 12.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,407 shares of the exchange traded fund’s stock after selling 192 shares during the period. Benjamin Edwards Inc.’s holdings in iShares Russell 1000 Value ETF were worth $260,000 as of its most recent filing with the SEC.
A number of other hedge funds also recently modified their holdings of IWD. Raymond James Financial Inc. acquired a new position in shares of iShares Russell 1000 Value ETF during the fourth quarter worth $972,637,000. Wells Fargo & Company MN lifted its holdings in iShares Russell 1000 Value ETF by 36.6% in the fourth quarter. Wells Fargo & Company MN now owns 6,284,015 shares of the exchange traded fund’s stock valued at $1,163,360,000 after buying an additional 1,683,297 shares during the period. Envestnet Asset Management Inc. lifted its holdings in iShares Russell 1000 Value ETF by 21.6% in the fourth quarter. Envestnet Asset Management Inc. now owns 7,877,198 shares of the exchange traded fund’s stock valued at $1,458,306,000 after buying an additional 1,400,086 shares during the period. Prudential Financial Inc. lifted its holdings in iShares Russell 1000 Value ETF by 52.8% in the fourth quarter. Prudential Financial Inc. now owns 2,966,613 shares of the exchange traded fund’s stock valued at $549,209,000 after buying an additional 1,025,357 shares during the period. Finally, JPMorgan Chase & Co. lifted its holdings in iShares Russell 1000 Value ETF by 7.8% in the fourth quarter. JPMorgan Chase & Co. now owns 9,252,043 shares of the exchange traded fund’s stock valued at $1,712,831,000 after buying an additional 671,710 shares during the period.
iShares Russell 1000 Value ETF Stock Down 0.0%
IWD stock opened at $185.05 on Monday. The firm has a market cap of $61.51 billion, a price-to-earnings ratio of 18.54 and a beta of 0.90. iShares Russell 1000 Value ETF has a 12-month low of $163.19 and a 12-month high of $200.42. The company’s fifty day simple moving average is $182.20 and its 200 day simple moving average is $188.53.
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).
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