Alliancebernstein L.P. Decreases Holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Alliancebernstein L.P. reduced its position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 29.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,231,290 shares of the exchange traded fund’s stock after selling 512,713 shares during the period. Alliancebernstein L.P. owned 0.39% of iShares Russell 1000 Value ETF worth $227,949,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Flagship Wealth Advisors LLC acquired a new stake in shares of iShares Russell 1000 Value ETF during the fourth quarter worth about $26,000. Peterson Wealth Services purchased a new stake in iShares Russell 1000 Value ETF during the 4th quarter worth approximately $32,000. Halbert Hargrove Global Advisors LLC acquired a new stake in iShares Russell 1000 Value ETF during the 4th quarter worth approximately $32,000. VSM Wealth Advisory LLC purchased a new position in iShares Russell 1000 Value ETF in the 4th quarter valued at approximately $34,000. Finally, Hantz Financial Services Inc. acquired a new position in shares of iShares Russell 1000 Value ETF in the fourth quarter worth $35,000.

iShares Russell 1000 Value ETF Trading Up 1.0 %

Shares of NYSEARCA IWD opened at $188.16 on Tuesday. The stock has a market cap of $60.86 billion, a P/E ratio of 19.31 and a beta of 0.97. The business’s fifty day simple moving average is $191.30 and its 200-day simple moving average is $190.90. iShares Russell 1000 Value ETF has a 12-month low of $168.85 and a 12-month high of $200.42.

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).