iShares Russell 1000 Value ETF (NYSEARCA:IWD) Position Lowered by Western Wealth Management LLC

Western Wealth Management LLC reduced its position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 0.6% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 15,759 shares of the exchange traded fund’s stock after selling 103 shares during the quarter. Western Wealth Management LLC’s holdings in iShares Russell 1000 Value ETF were worth $2,965,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Brighton Jones LLC lifted its stake in iShares Russell 1000 Value ETF by 8.9% during the fourth quarter. Brighton Jones LLC now owns 36,663 shares of the exchange traded fund’s stock worth $6,787,000 after purchasing an additional 2,981 shares during the last quarter. Principal Financial Group Inc. boosted its holdings in shares of iShares Russell 1000 Value ETF by 48.2% in the 4th quarter. Principal Financial Group Inc. now owns 37,357 shares of the exchange traded fund’s stock valued at $6,916,000 after buying an additional 12,148 shares during the period. Y Intercept Hong Kong Ltd bought a new stake in shares of iShares Russell 1000 Value ETF during the 4th quarter valued at about $293,000. Crestwood Advisors Group LLC raised its stake in iShares Russell 1000 Value ETF by 26.9% during the fourth quarter. Crestwood Advisors Group LLC now owns 3,161 shares of the exchange traded fund’s stock worth $585,000 after acquiring an additional 671 shares during the period. Finally, Bank of New York Mellon Corp raised its stake in iShares Russell 1000 Value ETF by 9.0% during the fourth quarter. Bank of New York Mellon Corp now owns 728,800 shares of the exchange traded fund’s stock worth $134,923,000 after acquiring an additional 59,996 shares during the period.

iShares Russell 1000 Value ETF Trading Down 0.6%

NYSEARCA:IWD opened at $191.48 on Thursday. The stock has a 50 day moving average of $186.57 and a 200-day moving average of $187.49. The firm has a market capitalization of $61.23 billion, a PE ratio of 18.83 and a beta of 0.90. iShares Russell 1000 Value ETF has a 52 week low of $163.19 and a 52 week 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).