Jones Financial Companies Lllp Cuts Position in iShares Russell 1000 Value ETF $IWD

Jones Financial Companies Lllp reduced its position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 27.0% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 1,488,282 shares of the exchange traded fund’s stock after selling 549,165 shares during the quarter. Jones Financial Companies Lllp’s holdings in iShares Russell 1000 Value ETF were worth $302,099,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of IWD. Meridian Wealth Management LLC increased its position in iShares Russell 1000 Value ETF by 3.2% during the 3rd quarter. Meridian Wealth Management LLC now owns 5,198 shares of the exchange traded fund’s stock worth $1,054,000 after purchasing an additional 160 shares in the last quarter. Oakworth Capital Inc. increased its position in shares of iShares Russell 1000 Value ETF by 1.9% in the third quarter. Oakworth Capital Inc. now owns 809,233 shares of the exchange traded fund’s stock worth $164,752,000 after acquiring an additional 15,075 shares in the last quarter. Principal Financial Group Inc. increased its position in shares of iShares Russell 1000 Value ETF by 3.6% in the third quarter. Principal Financial Group Inc. now owns 29,347 shares of the exchange traded fund’s stock worth $5,975,000 after acquiring an additional 1,022 shares in the last quarter. Flaharty Asset Management LLC raised its stake in shares of iShares Russell 1000 Value ETF by 4.0% in the 3rd quarter. Flaharty Asset Management LLC now owns 221,900 shares of the exchange traded fund’s stock valued at $45,178,000 after acquiring an additional 8,488 shares during the period. Finally, Hazlett Burt & Watson Inc. lifted its holdings in shares of iShares Russell 1000 Value ETF by 24.4% during the 3rd quarter. Hazlett Burt & Watson Inc. now owns 2,449 shares of the exchange traded fund’s stock valued at $498,000 after acquiring an additional 481 shares in the last quarter. Hedge funds and other institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Trading Down 0.2%

Shares of iShares Russell 1000 Value ETF stock opened at $219.86 on Monday. iShares Russell 1000 Value ETF has a twelve month low of $163.19 and a twelve month high of $221.43. The stock has a market cap of $68.86 billion, a price-to-earnings ratio of 18.83 and a beta of 0.89. The company has a fifty day moving average price of $213.36 and a 200 day moving average price of $205.64.

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.