Fernwood Investment Management LLC Sells 220 Shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Fernwood Investment Management LLC trimmed its holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 7.4% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 2,773 shares of the exchange traded fund’s stock after selling 220 shares during the quarter. Fernwood Investment Management LLC’s holdings in iShares Russell 1000 Value ETF were worth $458,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Pathstone Family Office LLC raised its holdings in iShares Russell 1000 Value ETF by 2,323.4% during the 3rd quarter. Pathstone Family Office LLC now owns 5,038,517 shares of the exchange traded fund’s stock valued at $764,948,000 after buying an additional 4,830,607 shares during the last quarter. TIAA Trust National Association bought a new stake in iShares Russell 1000 Value ETF during the 3rd quarter valued at $199,277,000. International Assets Investment Management LLC raised its holdings in iShares Russell 1000 Value ETF by 15,667.6% during the 4th quarter. International Assets Investment Management LLC now owns 1,258,097 shares of the exchange traded fund’s stock valued at $207,901,000 after buying an additional 1,250,118 shares during the last quarter. Comerica Bank bought a new stake in iShares Russell 1000 Value ETF during the 3rd quarter valued at $147,633,000. Finally, Cerity Partners LLC raised its holdings in iShares Russell 1000 Value ETF by 622.6% during the 4th quarter. Cerity Partners LLC now owns 805,931 shares of the exchange traded fund’s stock valued at $133,180,000 after buying an additional 694,404 shares during the last quarter.

iShares Russell 1000 Value ETF Price Performance

iShares Russell 1000 Value ETF stock traded up $0.80 during mid-day trading on Monday, reaching $173.85. 1,396,998 shares of the company traded hands, compared to its average volume of 2,147,339. The firm’s 50 day moving average price is $173.68 and its 200 day moving average price is $164.25. The firm has a market capitalization of $54.48 billion, a price-to-earnings ratio of 17.74 and a beta of 0.80. iShares Russell 1000 Value ETF has a 52-week low of $143.34 and a 52-week high of $179.56.

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).