iShares Russell 1000 Value ETF $IWD Holdings Lessened by Pacific Life Fund Advisors LLC

Pacific Life Fund Advisors LLC cut its position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 23.0% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 803,474 shares of the exchange traded fund’s stock after selling 240,169 shares during the quarter. iShares Russell 1000 Value ETF accounts for 19.7% of Pacific Life Fund Advisors LLC’s portfolio, making the stock its largest position. Pacific Life Fund Advisors LLC owned 0.25% of iShares Russell 1000 Value ETF worth $171,678,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Navigate Wealth Management LLC purchased a new stake in iShares Russell 1000 Value ETF during the 1st quarter worth $389,000. Global Assets Advisory LLC acquired a new stake in shares of iShares Russell 1000 Value ETF during the first quarter valued at about $201,000. Strategic Wealth Advisors LLC increased its position in shares of iShares Russell 1000 Value ETF by 13.0% during the first quarter. Strategic Wealth Advisors LLC now owns 14,774 shares of the exchange traded fund’s stock worth $3,156,000 after acquiring an additional 1,698 shares during the last quarter. Diversify Wealth Management LLC lifted its stake in shares of iShares Russell 1000 Value ETF by 22.3% in the first quarter. Diversify Wealth Management LLC now owns 9,120 shares of the exchange traded fund’s stock worth $2,071,000 after acquiring an additional 1,665 shares in the last quarter. Finally, Valmark Advisers Inc. lifted its stake in shares of iShares Russell 1000 Value ETF by 2.0% in the first quarter. Valmark Advisers Inc. now owns 26,627 shares of the exchange traded fund’s stock worth $5,689,000 after acquiring an additional 528 shares in the last quarter. 84.93% of the stock is owned by institutional investors and hedge funds.

iShares Russell 1000 Value ETF Price Performance

Shares of NYSEARCA IWD opened at $246.84 on Monday. iShares Russell 1000 Value ETF has a fifty-two week low of $191.64 and a fifty-two week high of $249.26. The firm has a market cap of $81.47 billion, a PE ratio of 18.83 and a beta of 0.84. The business has a 50 day moving average price of $239.17 and a two-hundred day moving average price of $226.35.

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.