Tortoise Investment Management LLC Sells 136 Shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Tortoise Investment Management LLC lowered its holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 5.8% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,197 shares of the exchange traded fund’s stock after selling 136 shares during the period. Tortoise Investment Management LLC’s holdings in iShares Russell 1000 Value ETF were worth $407,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. CWA Asset Management Group LLC acquired a new position in iShares Russell 1000 Value ETF during the 3rd quarter worth approximately $658,000. Axxcess Wealth Management LLC boosted its stake in iShares Russell 1000 Value ETF by 13.0% during the third quarter. Axxcess Wealth Management LLC now owns 15,336 shares of the exchange traded fund’s stock worth $2,911,000 after acquiring an additional 1,759 shares in the last quarter. Tyler Stone Wealth Management lifted its stake in shares of iShares Russell 1000 Value ETF by 100.0% in the third quarter. Tyler Stone Wealth Management now owns 2,130 shares of the exchange traded fund’s stock valued at $404,000 after buying an additional 1,065 shares in the last quarter. Bond & Devick Financial Network Inc. raised its holdings in shares of iShares Russell 1000 Value ETF by 3.3% in the third quarter. Bond & Devick Financial Network Inc. now owns 10,529 shares of the exchange traded fund’s stock valued at $1,998,000 after purchasing an additional 334 shares during the last quarter. Finally, Jaffetilchin Investment Partners LLC increased its holdings in iShares Russell 1000 Value ETF by 15.2% during the third quarter. Jaffetilchin Investment Partners LLC now owns 2,363 shares of the exchange traded fund’s stock worth $448,000 after buying an additional 312 shares during the last quarter.

iShares Russell 1000 Value ETF Trading Down 1.5 %

IWD stock opened at $186.89 on Tuesday. The firm has a 50 day moving average of $191.21 and a 200-day moving average of $190.72. The firm has a market capitalization of $60.11 billion, a P/E ratio of 19.81 and a beta of 0.98. 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).