Kovitz Investment Group Partners LLC lowered its position in shares of iShares Russell 1000 Value Index (NYSE:IWD) by 22.2% during the second quarter, Holdings Channel reports. The fund owned 2,295 shares of the exchange traded fund’s stock after selling 653 shares during the period. Kovitz Investment Group Partners LLC’s holdings in iShares Russell 1000 Value Index were worth $267,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Sonata Capital Group Inc. raised its position in iShares Russell 1000 Value Index by 0.6% in the second quarter. Sonata Capital Group Inc. now owns 40,064 shares of the exchange traded fund’s stock worth $4,665,000 after buying an additional 254 shares during the last quarter. Rockland Trust Co. raised its position in iShares Russell 1000 Value Index by 12.6% in the second quarter. Rockland Trust Co. now owns 2,433 shares of the exchange traded fund’s stock worth $283,000 after buying an additional 272 shares during the last quarter. HL Financial Services LLC raised its position in iShares Russell 1000 Value Index by 2.2% in the second quarter. HL Financial Services LLC now owns 42,160 shares of the exchange traded fund’s stock worth $4,909,000 after buying an additional 909 shares during the last quarter. Insight 2811 Inc. raised its position in iShares Russell 1000 Value Index by 2.0% in the second quarter. Insight 2811 Inc. now owns 120,820 shares of the exchange traded fund’s stock worth $14,067,000 after buying an additional 2,397 shares during the last quarter. Finally, Lakeview Capital Partners LLC raised its position in iShares Russell 1000 Value Index by 25.2% in the second quarter. Lakeview Capital Partners LLC now owns 2,615 shares of the exchange traded fund’s stock worth $304,000 after buying an additional 526 shares during the last quarter.

iShares Russell 1000 Value Index (NYSE IWD) opened at 116.84 on Thursday. iShares Russell 1000 Value Index has a 52-week low of $102.07 and a 52-week high of $121.24. The company’s 50 day moving average is $116.55 and its 200-day moving average is $115.42.

The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 12th. Stockholders of record on Monday, July 10th were given a $0.7172 dividend. The ex-dividend date was Thursday, July 6th. This is an increase from iShares Russell 1000 Value Index’s previous quarterly dividend of $0.58. This represents a $2.87 dividend on an annualized basis and a dividend yield of 2.46%.

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iShares Russell 1000 Value Index Company 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 Index (NYSE:IWD)

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