Simon Quick Advisors LLC Trims Stock Holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Simon Quick Advisors LLC lowered its position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 0.4% in the fourth quarter, HoldingsChannel.com reports. The fund owned 190,064 shares of the exchange traded fund’s stock after selling 840 shares during the quarter. iShares Russell 1000 Value ETF comprises about 2.1% of Simon Quick Advisors LLC’s portfolio, making the stock its 12th largest holding. Simon Quick Advisors LLC’s holdings in iShares Russell 1000 Value ETF were worth $35,187,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in IWD. Raymond James & Associates lifted its position in iShares Russell 1000 Value ETF by 0.6% during the third quarter. Raymond James & Associates now owns 3,666,344 shares of the exchange traded fund’s stock valued at $695,872,000 after purchasing an additional 22,295 shares during the period. LPL Financial LLC lifted its holdings in shares of iShares Russell 1000 Value ETF by 0.7% in the 3rd quarter. LPL Financial LLC now owns 3,293,977 shares of the exchange traded fund’s stock valued at $625,197,000 after buying an additional 23,197 shares during the period. PNC Financial Services Group Inc. boosted its stake in shares of iShares Russell 1000 Value ETF by 0.3% in the third quarter. PNC Financial Services Group Inc. now owns 3,247,266 shares of the exchange traded fund’s stock worth $616,331,000 after buying an additional 10,304 shares during the last quarter. Synovus Financial Corp grew its holdings in iShares Russell 1000 Value ETF by 1.2% during the third quarter. Synovus Financial Corp now owns 2,848,914 shares of the exchange traded fund’s stock worth $540,724,000 after acquiring an additional 34,700 shares during the period. Finally, Stifel Financial Corp raised its position in iShares Russell 1000 Value ETF by 3.8% during the third quarter. Stifel Financial Corp now owns 1,947,425 shares of the exchange traded fund’s stock valued at $369,623,000 after acquiring an additional 70,612 shares in the last quarter.

iShares Russell 1000 Value ETF Trading Up 1.2 %

Shares of NYSEARCA:IWD opened at $193.78 on Wednesday. The company has a market capitalization of $60.70 billion, a PE ratio of 17.81 and a beta of 0.77. iShares Russell 1000 Value ETF has a 12-month low of $163.99 and a 12-month high of $200.42. The business has a 50 day moving average of $191.14 and a two-hundred day moving average of $187.38.

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).