iShares Russell 1000 Value ETF (NYSEARCA:IWD) Stake Lessened by McCarthy & Cox

McCarthy & Cox reduced its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 8.7% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,089 shares of the exchange traded fund’s stock after selling 199 shares during the period. McCarthy & Cox’s holdings in iShares Russell 1000 Value ETF were worth $393,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Raymond James Financial Inc. acquired a new position in shares of iShares Russell 1000 Value ETF during the fourth quarter valued at approximately $972,637,000. Bank of America Corp DE raised its stake in shares of iShares Russell 1000 Value ETF by 9.5% in the 4th quarter. Bank of America Corp DE now owns 54,061,592 shares of the exchange traded fund’s stock worth $10,008,423,000 after buying an additional 4,699,792 shares in the last quarter. GAMMA Investing LLC lifted its holdings in shares of iShares Russell 1000 Value ETF by 19,297.5% in the first quarter. GAMMA Investing LLC now owns 2,586,071 shares of the exchange traded fund’s stock valued at $486,595,000 after buying an additional 2,572,739 shares during the period. Wells Fargo & Company MN boosted its stake in iShares Russell 1000 Value ETF by 36.6% during the fourth quarter. Wells Fargo & Company MN now owns 6,284,015 shares of the exchange traded fund’s stock valued at $1,163,360,000 after buying an additional 1,683,297 shares in the last quarter. Finally, Envestnet Asset Management Inc. grew its holdings in iShares Russell 1000 Value ETF by 21.6% during the fourth quarter. Envestnet Asset Management Inc. now owns 7,877,198 shares of the exchange traded fund’s stock worth $1,458,306,000 after acquiring an additional 1,400,086 shares during the period.

iShares Russell 1000 Value ETF Trading Up 1.0%

Shares of NYSEARCA IWD opened at $190.76 on Monday. iShares Russell 1000 Value ETF has a twelve month low of $163.19 and a twelve month high of $200.42. The firm has a 50-day moving average of $182.68 and a two-hundred day moving average of $188.04. The company has a market capitalization of $61.25 billion, a price-to-earnings ratio of 19.08 and a beta of 0.90.

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).