Modera Wealth Management LLC Sells 5,841 Shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Modera Wealth Management LLC decreased its position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 1.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 445,948 shares of the exchange traded fund’s stock after selling 5,841 shares during the quarter. iShares Russell 1000 Value ETF comprises approximately 1.0% of Modera Wealth Management LLC’s investment portfolio, making the stock its 22nd biggest position. Modera Wealth Management LLC owned about 0.14% of iShares Russell 1000 Value ETF worth $82,558,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in IWD. Focus Financial Network Inc. grew its position in shares of iShares Russell 1000 Value ETF by 4.7% in the third quarter. Focus Financial Network Inc. now owns 12,147 shares of the exchange traded fund’s stock valued at $2,306,000 after purchasing an additional 546 shares during the last quarter. Lowe Brockenbrough & Co. Inc. grew its position in shares of iShares Russell 1000 Value ETF by 9.5% in the third quarter. Lowe Brockenbrough & Co. Inc. now owns 4,177 shares of the exchange traded fund’s stock valued at $793,000 after purchasing an additional 364 shares during the last quarter. Farther Finance Advisors LLC grew its position in shares of iShares Russell 1000 Value ETF by 65.3% in the third quarter. Farther Finance Advisors LLC now owns 5,899 shares of the exchange traded fund’s stock valued at $1,120,000 after purchasing an additional 2,331 shares during the last quarter. Symmetry Partners LLC acquired a new position in shares of iShares Russell 1000 Value ETF in the third quarter valued at approximately $841,000. Finally, Northern Financial Advisors Inc acquired a new position in shares of iShares Russell 1000 Value ETF in the third quarter valued at approximately $215,000.

iShares Russell 1000 Value ETF Trading Up 1.3 %

iShares Russell 1000 Value ETF stock opened at $194.37 on Friday. iShares Russell 1000 Value ETF has a 12 month low of $168.85 and a 12 month high of $200.42. The stock’s 50 day moving average is $190.87 and its 200-day moving average is $190.37. The company has a market capitalization of $62.52 billion, a price-to-earnings ratio of 19.81 and a beta of 0.98.

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).