Pacific Life Fund Advisors LLC Has $214.96 Million Stake in iShares Russell 1000 Value ETF $IWD

Pacific Life Fund Advisors LLC decreased its holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 10.5% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,106,742 shares of the exchange traded fund’s stock after selling 129,782 shares during the quarter. iShares Russell 1000 Value ETF comprises approximately 23.0% of Pacific Life Fund Advisors LLC’s portfolio, making the stock its biggest position. Pacific Life Fund Advisors LLC’s holdings in iShares Russell 1000 Value ETF were worth $214,962,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Goldman Sachs Group Inc. lifted its position in shares of iShares Russell 1000 Value ETF by 2.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 15,629,692 shares of the exchange traded fund’s stock worth $2,940,883,000 after purchasing an additional 363,429 shares during the period. Envestnet Asset Management Inc. lifted its holdings in shares of iShares Russell 1000 Value ETF by 0.9% during the second quarter. Envestnet Asset Management Inc. now owns 6,599,784 shares of the exchange traded fund’s stock valued at $1,281,871,000 after purchasing an additional 57,669 shares during the last quarter. Baird Financial Group Inc. boosted its position in shares of iShares Russell 1000 Value ETF by 1.8% in the 1st quarter. Baird Financial Group Inc. now owns 4,681,498 shares of the exchange traded fund’s stock worth $880,871,000 after purchasing an additional 81,955 shares in the last quarter. Northern Trust Corp grew its stake in shares of iShares Russell 1000 Value ETF by 5.9% in the 1st quarter. Northern Trust Corp now owns 4,518,369 shares of the exchange traded fund’s stock worth $850,176,000 after buying an additional 253,088 shares during the last quarter. Finally, LPL Financial LLC increased its position in iShares Russell 1000 Value ETF by 6.2% during the 1st quarter. LPL Financial LLC now owns 3,949,393 shares of the exchange traded fund’s stock valued at $743,118,000 after buying an additional 229,198 shares in the last quarter. 84.93% of the stock is owned by hedge funds and other institutional investors.

iShares Russell 1000 Value ETF Trading Up 0.7%

Shares of NYSEARCA:IWD opened at $207.25 on Wednesday. The stock has a fifty day simple moving average of $203.47 and a two-hundred day simple moving average of $196.66. iShares Russell 1000 Value ETF has a 12-month low of $163.19 and a 12-month high of $207.58. The stock has a market capitalization of $65.93 billion, a price-to-earnings ratio of 18.83 and a beta of 0.89.

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).