iShares Russell 1000 Value ETF $IWD Shares Sold by Cetera Investment Advisers

Cetera Investment Advisers cut its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 5.1% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,229,673 shares of the exchange traded fund’s stock after selling 65,902 shares during the period. Cetera Investment Advisers owned approximately 0.38% of iShares Russell 1000 Value ETF worth $262,744,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of IWD. Bank of America Corp DE grew its holdings in shares of iShares Russell 1000 Value ETF by 5.4% in the 4th quarter. Bank of America Corp DE now owns 52,256,616 shares of the exchange traded fund’s stock worth $10,991,657,000 after acquiring an additional 2,686,078 shares during the period. Morgan Stanley raised its holdings in iShares Russell 1000 Value ETF by 9.0% during the fourth quarter. Morgan Stanley now owns 39,663,587 shares of the exchange traded fund’s stock worth $8,342,840,000 after purchasing an additional 3,280,476 shares during the last quarter. Goldman Sachs Group Inc. boosted its position in iShares Russell 1000 Value ETF by 0.8% during the fourth quarter. Goldman Sachs Group Inc. now owns 11,414,192 shares of the exchange traded fund’s stock worth $2,400,861,000 after purchasing an additional 85,365 shares in the last quarter. JPMorgan Chase & Co. boosted its position in iShares Russell 1000 Value ETF by 3.8% during the fourth quarter. JPMorgan Chase & Co. now owns 9,251,710 shares of the exchange traded fund’s stock worth $1,946,005,000 after purchasing an additional 338,948 shares in the last quarter. Finally, Wells Fargo & Company MN grew its holdings in iShares Russell 1000 Value ETF by 20.3% in the fourth quarter. Wells Fargo & Company MN now owns 5,895,769 shares of the exchange traded fund’s stock valued at $1,240,116,000 after purchasing an additional 995,230 shares during the last quarter. 84.93% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell 1000 Value ETF Stock Up 0.0%

Shares of IWD stock opened at $247.52 on Thursday. iShares Russell 1000 Value ETF has a fifty-two week low of $191.64 and a fifty-two week high of $250.50. The stock has a market cap of $81.73 billion, a P/E ratio of 18.83 and a beta of 0.84. The business has a fifty day simple moving average of $241.44 and a 200-day simple moving average of $228.37.

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). 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.