American Trust Reduces Position in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

American Trust trimmed its holdings in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 24.3% during the first quarter, Holdings Channel reports. The fund owned 2,140 shares of the exchange traded fund’s stock after selling 688 shares during the quarter. American Trust’s holdings in iShares Russell 1000 Value ETF were worth $383,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. DAVENPORT & Co LLC grew its stake in iShares Russell 1000 Value ETF by 4.8% in the fourth quarter. DAVENPORT & Co LLC now owns 3,330 shares of the exchange traded fund’s stock worth $550,000 after purchasing an additional 154 shares in the last quarter. Leavell Investment Management Inc. grew its stake in iShares Russell 1000 Value ETF by 13.6% in the fourth quarter. Leavell Investment Management Inc. now owns 3,334 shares of the exchange traded fund’s stock worth $551,000 after purchasing an additional 398 shares in the last quarter. Breakwater Capital Group grew its stake in iShares Russell 1000 Value ETF by 6.2% in the fourth quarter. Breakwater Capital Group now owns 62,930 shares of the exchange traded fund’s stock worth $10,346,000 after purchasing an additional 3,652 shares in the last quarter. Private Trust Co. NA grew its stake in iShares Russell 1000 Value ETF by 9.9% in the fourth quarter. Private Trust Co. NA now owns 9,442 shares of the exchange traded fund’s stock worth $1,560,000 after purchasing an additional 847 shares in the last quarter. Finally, Mascoma Wealth Management LLC grew its stake in iShares Russell 1000 Value ETF by 3.5% in the fourth quarter. Mascoma Wealth Management LLC now owns 6,441 shares of the exchange traded fund’s stock worth $1,064,000 after purchasing an additional 220 shares in the last quarter.

iShares Russell 1000 Value ETF Price Performance

NYSEARCA:IWD traded down $3.10 during mid-day trading on Friday, reaching $178.36. The stock had a trading volume of 2,321,336 shares, compared to its average volume of 1,822,819. The company has a market capitalization of $55.87 billion, a price-to-earnings ratio of 17.81 and a beta of 0.77. iShares Russell 1000 Value ETF has a 1-year low of $143.34 and a 1-year high of $184.93. The stock’s 50 day simple moving average is $176.74 and its two-hundred day simple moving average is $173.81.

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).