iShares Russell 1000 Value ETF (NYSEARCA:IWD) Shares Sold by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC cut its holdings in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 4.2% during the 4th quarter, Holdings Channel.com reports. The firm owned 1,966,562 shares of the exchange traded fund’s stock after selling 86,244 shares during the quarter. iShares Russell 1000 Value ETF makes up approximately 0.5% of Commonwealth Equity Services LLC’s portfolio, making the stock its 26th biggest holding. Commonwealth Equity Services LLC’s holdings in iShares Russell 1000 Value ETF were worth $364,070,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Raymond James Financial Inc. acquired a new stake in iShares Russell 1000 Value ETF in the fourth quarter worth about $972,637,000. BNP Paribas Financial Markets raised its holdings in shares of iShares Russell 1000 Value ETF by 1,200,216.9% during the 3rd quarter. BNP Paribas Financial Markets now owns 780,206 shares of the exchange traded fund’s stock valued at $148,083,000 after purchasing an additional 780,141 shares in the last quarter. Strategic Financial Concepts LLC increased its holdings in shares of iShares Russell 1000 Value ETF by 18,440.5% during the 4th quarter. Strategic Financial Concepts LLC now owns 420,683 shares of the exchange traded fund’s stock worth $77,881,000 after purchasing an additional 418,414 shares during the period. Equity Investment Corp lifted its stake in iShares Russell 1000 Value ETF by 291.7% during the fourth quarter. Equity Investment Corp now owns 439,833 shares of the exchange traded fund’s stock worth $81,426,000 after purchasing an additional 327,537 shares during the period. Finally, Truist Financial Corp increased its holdings in shares of iShares Russell 1000 Value ETF by 13.6% during the fourth quarter. Truist Financial Corp now owns 2,501,354 shares of the exchange traded fund’s stock worth $463,076,000 after buying an additional 299,280 shares in the last quarter.

iShares Russell 1000 Value ETF Stock Performance

IWD opened at $183.97 on Thursday. The firm has a market cap of $59.17 billion, a PE ratio of 19.81 and a beta of 0.98. The firm’s fifty day moving average is $191.18 and its two-hundred day moving average is $190.66. iShares Russell 1000 Value ETF has a twelve month low of $168.85 and a twelve 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).