Lowe Brockenbrough & Co. Inc. Sells 2,880 Shares of iShares Russell 1000 Value ETF $IWD

Lowe Brockenbrough & Co. Inc. lowered its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 76.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 864 shares of the exchange traded fund’s stock after selling 2,880 shares during the period. Lowe Brockenbrough & Co. Inc.’s holdings in iShares Russell 1000 Value ETF were worth $182,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in IWD. Brighton Jones LLC boosted its holdings in iShares Russell 1000 Value ETF by 8.9% during the fourth quarter. Brighton Jones LLC now owns 36,663 shares of the exchange traded fund’s stock worth $6,787,000 after buying an additional 2,981 shares during the last quarter. Bison Wealth LLC boosted its holdings in iShares Russell 1000 Value ETF by 13.9% during the fourth quarter. Bison Wealth LLC now owns 4,121 shares of the exchange traded fund’s stock worth $763,000 after buying an additional 502 shares during the last quarter. Schnieders Capital Management LLC. boosted its holdings in iShares Russell 1000 Value ETF by 39.1% during the second quarter. Schnieders Capital Management LLC. now owns 3,876 shares of the exchange traded fund’s stock worth $753,000 after buying an additional 1,089 shares during the last quarter. Qube Research & Technologies Ltd bought a new position in iShares Russell 1000 Value ETF during the second quarter worth about $3,847,000. Finally, Sei Investments Co. boosted its holdings in iShares Russell 1000 Value ETF by 12.7% during the second quarter. Sei Investments Co. now owns 32,275 shares of the exchange traded fund’s stock worth $6,269,000 after buying an additional 3,637 shares during the last quarter. Institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Trading Down 1.9%

Shares of IWD opened at $236.42 on Friday. iShares Russell 1000 Value ETF has a 1 year low of $188.55 and a 1 year high of $241.35. The stock has a market cap of $75.94 billion, a P/E ratio of 18.83 and a beta of 0.84. The stock’s 50-day moving average price is $228.38 and its two-hundred day moving average price is $220.14.

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.