Ferguson Wellman Capital Management Inc. lowered its holdings in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD – Free Report) by 85.1% during the third quarter, HoldingsChannel.com reports. The firm owned 22,411 shares of the exchange traded fund’s stock after selling 128,299 shares during the period. Ferguson Wellman Capital Management Inc.’s holdings in iShares Russell 1000 Value ETF were worth $5,556,000 at the end of the most recent reporting period.
Several other institutional investors also recently bought and sold shares of IWD. Retirement Wealth Solutions LLC increased its position in shares of iShares Russell 1000 Value ETF by 11.5% in the second quarter. Retirement Wealth Solutions LLC now owns 377 shares of the exchange traded fund’s stock valued at $91,000 after buying an additional 39 shares in the last quarter. Simplicity Wealth LLC grew its stake in iShares Russell 1000 Value ETF by 0.3% in the 1st quarter. Simplicity Wealth LLC now owns 16,034 shares of the exchange traded fund’s stock valued at $3,426,000 after acquiring an additional 44 shares during the period. Falcon Wealth Planning grew its stake in iShares Russell 1000 Value ETF by 3.9% in the 1st quarter. Falcon Wealth Planning now owns 1,204 shares of the exchange traded fund’s stock valued at $257,000 after acquiring an additional 45 shares during the period. Members Wealth LLC grew its stake in iShares Russell 1000 Value ETF by 3.6% in the 1st quarter. Members Wealth LLC now owns 1,330 shares of the exchange traded fund’s stock valued at $301,000 after acquiring an additional 46 shares during the period. Finally, Grant Street Asset Management Inc. increased its holdings in iShares Russell 1000 Value ETF by 0.4% in the 1st quarter. Grant Street Asset Management Inc. now owns 12,762 shares of the exchange traded fund’s stock worth $2,727,000 after acquiring an additional 51 shares in the last quarter. 84.93% of the stock is owned by institutional investors and hedge funds.
iShares Russell 1000 Value ETF Trading Up 0.4%
NYSEARCA:IWD traded up $1.08 during trading hours on Monday, reaching $250.46. 968,690 shares of the company were exchanged, compared to its average volume of 2,688,377. The stock’s 50-day moving average is $254.69 and its 200-day moving average is $240.84. The firm has a market cap of $81.81 billion, a PE ratio of 18.83 and a beta of 0.84. iShares Russell 1000 Value ETF has a twelve month low of $199.40 and a twelve month high of $260.19.
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.
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