iShares Russell 1000 Value ETF (NYSEARCA:IWD) Shares Sold by HBK Sorce Advisory LLC

HBK Sorce Advisory LLC lowered its position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 1.6% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 89,387 shares of the exchange traded fund’s stock after selling 1,431 shares during the quarter. iShares Russell 1000 Value ETF comprises about 1.1% of HBK Sorce Advisory LLC’s investment portfolio, making the stock its 14th largest position. HBK Sorce Advisory LLC’s holdings in iShares Russell 1000 Value ETF were worth $11,371,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Morgan Stanley raised its stake in iShares Russell 1000 Value ETF by 1.3% during the second quarter. Morgan Stanley now owns 8,597,967 shares of the exchange traded fund’s stock valued at $1,093,834,000 after buying an additional 113,904 shares in the last quarter. Envestnet Asset Management Inc. raised its stake in iShares Russell 1000 Value ETF by 5.3% during the second quarter. Envestnet Asset Management Inc. now owns 4,598,037 shares of the exchange traded fund’s stock valued at $584,962,000 after buying an additional 230,156 shares in the last quarter. Wells Fargo & Company MN raised its stake in iShares Russell 1000 Value ETF by 1.9% during the second quarter. Wells Fargo & Company MN now owns 4,340,755 shares of the exchange traded fund’s stock valued at $552,231,000 after buying an additional 81,269 shares in the last quarter. Synovus Financial Corp raised its stake in iShares Russell 1000 Value ETF by 2.0% during the first quarter. Synovus Financial Corp now owns 3,365,852 shares of the exchange traded fund’s stock valued at $415,648,000 after buying an additional 66,490 shares in the last quarter. Finally, Commonwealth Equity Services LLC raised its stake in iShares Russell 1000 Value ETF by 2.9% during the first quarter. Commonwealth Equity Services LLC now owns 2,469,938 shares of the exchange traded fund’s stock valued at $305,012,000 after buying an additional 68,729 shares in the last quarter.

NYSEARCA IWD traded down $0.35 on Friday, hitting $129.52. 1,052,706 shares of the stock traded hands, compared to its average volume of 2,013,560. The stock has a 50-day moving average of $125.50 and a 200 day moving average of $125.58. iShares Russell 1000 Value ETF has a twelve month low of $104.07 and a twelve month high of $130.83.

iShares Russell 1000 Value ETF Company 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).

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Institutional Ownership by Quarter for iShares Russell 1000 Value ETF (NYSEARCA:IWD)

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