Wrapmanager Inc. Reduces Stock Holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Wrapmanager Inc. lowered its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 9.1% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,567 shares of the exchange traded fund’s stock after selling 356 shares during the period. Wrapmanager Inc.’s holdings in iShares Russell 1000 Value ETF were worth $622,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Jones Financial Companies Lllp increased its position in shares of iShares Russell 1000 Value ETF by 0.5% during the fourth quarter. Jones Financial Companies Lllp now owns 8,782,718 shares of the exchange traded fund’s stock valued at $1,451,344,000 after buying an additional 47,471 shares during the period. UBS Group AG boosted its position in iShares Russell 1000 Value ETF by 6.4% during the 4th quarter. UBS Group AG now owns 7,412,758 shares of the exchange traded fund’s stock valued at $1,224,958,000 after acquiring an additional 444,862 shares in the last quarter. Envestnet Asset Management Inc. grew its holdings in shares of iShares Russell 1000 Value ETF by 21.8% during the 4th quarter. Envestnet Asset Management Inc. now owns 7,166,594 shares of the exchange traded fund’s stock worth $1,184,280,000 after acquiring an additional 1,282,817 shares during the period. Wells Fargo & Company MN raised its position in shares of iShares Russell 1000 Value ETF by 14.1% in the 4th quarter. Wells Fargo & Company MN now owns 4,909,518 shares of the exchange traded fund’s stock worth $811,298,000 after acquiring an additional 608,062 shares in the last quarter. Finally, Northern Trust Corp lifted its stake in shares of iShares Russell 1000 Value ETF by 6.2% in the 4th quarter. Northern Trust Corp now owns 3,758,131 shares of the exchange traded fund’s stock valued at $621,031,000 after purchasing an additional 220,344 shares during the period.

iShares Russell 1000 Value ETF Stock Up 0.8 %

Shares of IWD stock opened at $186.16 on Friday. The stock has a market cap of $58.31 billion, a price-to-earnings ratio of 17.81 and a beta of 0.77. The business’s fifty day moving average is $181.56 and its 200 day moving average is $177.12. iShares Russell 1000 Value ETF has a twelve month low of $143.34 and a twelve month high of $188.47.

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).