Forte Asset Management LLC Sells 4,309 Shares of iShares Russell 1000 Value ETF $IWD

Forte Asset Management LLC lessened its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 15.6% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 23,288 shares of the exchange traded fund’s stock after selling 4,309 shares during the quarter. iShares Russell 1000 Value ETF accounts for about 2.3% of Forte Asset Management LLC’s portfolio, making the stock its 15th largest holding. Forte Asset Management LLC’s holdings in iShares Russell 1000 Value ETF were worth $5,774,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Greenleaf Trust boosted its stake in shares of iShares Russell 1000 Value ETF by 20,660.3% in the second quarter. Greenleaf Trust now owns 1,491,213 shares of the exchange traded fund’s stock worth $116,166,000 after buying an additional 1,484,030 shares during the last quarter. Stairway Partners LLC purchased a new position in iShares Russell 1000 Value ETF during the third quarter valued at approximately $326,735,000. 71 West Capital Partners purchased a new position in iShares Russell 1000 Value ETF during the fourth quarter valued at approximately $240,065,000. Fifth Third Bancorp raised its position in iShares Russell 1000 Value ETF by 324.3% during the first quarter. Fifth Third Bancorp now owns 1,191,768 shares of the exchange traded fund’s stock valued at $254,645,000 after acquiring an additional 910,889 shares in the last quarter. Finally, Marquette Asset Management LLC purchased a new position in iShares Russell 1000 Value ETF during the third quarter valued at approximately $98,365,000. Institutional investors and hedge funds own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Trading Down 0.0%

Shares of NYSEARCA:IWD opened at $254.53 on Wednesday. iShares Russell 1000 Value ETF has a 12-month low of $199.79 and a 12-month high of $260.19. The company has a market capitalization of $83.27 billion, a PE ratio of 18.83 and a beta of 0.84. The business has a 50 day moving average of $254.75 and a two-hundred day moving average of $242.74.

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.