Ballentine Partners LLC Trims Holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Ballentine Partners LLC trimmed its position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 2.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 31,769 shares of the exchange traded fund’s stock after selling 847 shares during the period. Ballentine Partners LLC’s holdings in iShares Russell 1000 Value ETF were worth $5,250,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in IWD. Benchmark Financial Wealth Advisors LLC increased its stake in shares of iShares Russell 1000 Value ETF by 2.0% during the 4th quarter. Benchmark Financial Wealth Advisors LLC now owns 3,653 shares of the exchange traded fund’s stock valued at $604,000 after acquiring an additional 71 shares during the last quarter. Stillwater Capital Advisors LLC increased its stake in shares of iShares Russell 1000 Value ETF by 16.5% during the 4th quarter. Stillwater Capital Advisors LLC now owns 17,946 shares of the exchange traded fund’s stock valued at $2,966,000 after acquiring an additional 2,542 shares during the last quarter. Dixon Fnancial Services Inc. increased its stake in shares of iShares Russell 1000 Value ETF by 27.4% during the 4th quarter. Dixon Fnancial Services Inc. now owns 13,010 shares of the exchange traded fund’s stock valued at $2,150,000 after acquiring an additional 2,800 shares during the last quarter. Evergreen Advisors LLC increased its stake in shares of iShares Russell 1000 Value ETF by 2.4% during the 3rd quarter. Evergreen Advisors LLC now owns 4,818 shares of the exchange traded fund’s stock valued at $731,000 after acquiring an additional 113 shares during the last quarter. Finally, Orion Portfolio Solutions LLC increased its stake in shares of iShares Russell 1000 Value ETF by 437.0% during the 2nd quarter. Orion Portfolio Solutions LLC now owns 43,144 shares of the exchange traded fund’s stock valued at $13,260,000 after acquiring an additional 35,110 shares during the last quarter.

iShares Russell 1000 Value ETF Stock Performance

IWD traded up $0.16 on Wednesday, reaching $177.28. 1,415,494 shares of the company’s stock were exchanged, compared to its average volume of 2,164,876. The company’s 50 day moving average is $171.24 and its 200-day moving average is $161.61. The company has a market cap of $56.62 billion, a price-to-earnings ratio of 13.53 and a beta of 0.95. iShares Russell 1000 Value ETF has a twelve month low of $143.34 and a twelve month high of $179.56.

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).