Wealth Enhancement Advisory Services LLC trimmed its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD – Free Report) by 88.3% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 46,997 shares of the exchange traded fund’s stock after selling 355,715 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in iShares Russell 1000 Value ETF were worth $7,156,000 as of its most recent filing with the SEC.
Several other institutional investors and hedge funds have also recently bought and sold shares of IWD. Moneta Group Investment Advisors LLC grew its position in iShares Russell 1000 Value ETF by 120,617.6% in the fourth quarter. Moneta Group Investment Advisors LLC now owns 222,740,910 shares of the exchange traded fund’s stock valued at $33,778,659,000 after acquiring an additional 222,556,396 shares in the last quarter. Morgan Stanley grew its position in shares of iShares Russell 1000 Value ETF by 0.9% during the fourth quarter. Morgan Stanley now owns 30,707,516 shares of the exchange traded fund’s stock worth $4,656,795,000 after buying an additional 276,413 shares in the last quarter. JPMorgan Chase & Co. grew its position in shares of iShares Russell 1000 Value ETF by 6.0% during the fourth quarter. JPMorgan Chase & Co. now owns 14,205,325 shares of the exchange traded fund’s stock worth $2,154,239,000 after buying an additional 804,401 shares in the last quarter. Envestnet Asset Management Inc. grew its position in shares of iShares Russell 1000 Value ETF by 2.2% during the fourth quarter. Envestnet Asset Management Inc. now owns 7,679,388 shares of the exchange traded fund’s stock worth $1,164,579,000 after buying an additional 162,116 shares in the last quarter. Finally, Wells Fargo & Company MN grew its position in shares of iShares Russell 1000 Value ETF by 10.2% during the fourth quarter. Wells Fargo & Company MN now owns 5,651,937 shares of the exchange traded fund’s stock worth $857,116,000 after buying an additional 523,135 shares in the last quarter.
iShares Russell 1000 Value ETF Trading Up 0.1 %
IWD stock opened at $156.14 on Monday. iShares Russell 1000 Value ETF has a twelve month low of $134.09 and a twelve month high of $162.12. The company has a market capitalization of $51.01 billion, a P/E ratio of 13.53 and a beta of 0.95. The firm has a 50 day simple moving average of $153.09 and a 200-day simple moving average of $153.70.
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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