Acropolis Investment Management LLC reduced its position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 3.7% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 23,278 shares of the exchange traded fund’s stock after selling 896 shares during the period. iShares Russell 1000 Value ETF comprises approximately 0.5% of Acropolis Investment Management LLC’s holdings, making the stock its 24th largest position. Acropolis Investment Management LLC’s holdings in iShares Russell 1000 Value ETF were worth $2,875,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Bank of America Corp DE increased its holdings in shares of iShares Russell 1000 Value ETF by 24.5% in the 4th quarter. Bank of America Corp DE now owns 46,902,672 shares of the exchange traded fund’s stock valued at $5,208,541,000 after purchasing an additional 9,228,967 shares during the period. Envestnet Asset Management Inc. lifted its position in iShares Russell 1000 Value ETF by 866.9% in the 3rd quarter. Envestnet Asset Management Inc. now owns 19,084,615 shares of the exchange traded fund’s stock worth $2,416,494,000 after buying an additional 17,110,866 shares in the last quarter. Financial Engines Advisors L.L.C. purchased a new stake in iShares Russell 1000 Value ETF in the 4th quarter worth approximately $1,992,256,000. FMR LLC lifted its position in iShares Russell 1000 Value ETF by 17.9% in the 4th quarter. FMR LLC now owns 15,330,409 shares of the exchange traded fund’s stock worth $1,702,442,000 after buying an additional 2,328,742 shares in the last quarter. Finally, Morgan Stanley boosted its stake in shares of iShares Russell 1000 Value ETF by 7.3% during the 3rd quarter. Morgan Stanley now owns 7,855,663 shares of the exchange traded fund’s stock valued at $994,684,000 after buying an additional 531,067 shares during the period.

IWD traded down $0.81 during midday trading on Tuesday, hitting $125.04. 1,892,045 shares of the company’s stock traded hands, compared to its average volume of 2,807,629. iShares Russell 1000 Value ETF has a one year low of $104.07 and a one year high of $129.82.

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 26th. Shareholders of record on Thursday, March 21st were given a $0.6658 dividend. This represents a $2.66 annualized dividend and a yield of 2.13%. The ex-dividend date was Wednesday, March 20th.

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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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Institutional Ownership by Quarter for iShares Russell 1000 Value ETF (NYSEARCA:IWD)

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