Private Advisor Group LLC reduced its position in shares of iShares Russell 1000 Value Index (NYSEARCA:IWD) by 39.2% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 117,117 shares of the exchange traded fund’s stock after selling 75,361 shares during the quarter. iShares Russell 1000 Value Index accounts for about 0.6% of Private Advisor Group LLC’s investment portfolio, making the stock its 26th biggest holding. Private Advisor Group LLC’s holdings in iShares Russell 1000 Value Index were worth $14,632,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Edelman Financial Services LLC grew its stake in shares of iShares Russell 1000 Value Index by 2.5% in the third quarter. Edelman Financial Services LLC now owns 20,384,432 shares of the exchange traded fund’s stock worth $2,415,759,000 after acquiring an additional 489,144 shares during the period. TIAA FSB grew its stake in shares of iShares Russell 1000 Value Index by 3.4% in the fourth quarter. TIAA FSB now owns 7,017,350 shares of the exchange traded fund’s stock worth $872,537,000 after acquiring an additional 228,697 shares during the period. American Century Companies Inc. grew its stake in shares of iShares Russell 1000 Value Index by 82.0% in the fourth quarter. American Century Companies Inc. now owns 6,718,270 shares of the exchange traded fund’s stock worth $835,350,000 after acquiring an additional 3,026,578 shares during the period. Synovus Financial Corp grew its stake in shares of iShares Russell 1000 Value Index by 3.7% in the third quarter. Synovus Financial Corp now owns 3,058,508 shares of the exchange traded fund’s stock worth $362,459,000 after acquiring an additional 108,826 shares during the period. Finally, Envestnet Asset Management Inc. grew its stake in shares of iShares Russell 1000 Value Index by 7.9% in the third quarter. Envestnet Asset Management Inc. now owns 2,162,550 shares of the exchange traded fund’s stock worth $256,285,000 after acquiring an additional 159,071 shares during the period.

Shares of iShares Russell 1000 Value Index (IWD) opened at $119.83 on Monday. iShares Russell 1000 Value Index has a 12 month low of $112.39 and a 12 month high of $131.56. The company has a market cap of $37,010.00 and a P/E ratio of 14.54.

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iShares Russell 1000 Value Index 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 (NYSEARCA:IWD)

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