Massachusetts Financial Services Co. MA Sells 220,579 Shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Massachusetts Financial Services Co. MA lessened its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 45.5% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 263,807 shares of the exchange traded fund’s stock after selling 220,579 shares during the quarter. Massachusetts Financial Services Co. MA’s holdings in iShares Russell 1000 Value ETF were worth $49,638,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of IWD. Woodside Wealth Management LLC purchased a new position in shares of iShares Russell 1000 Value ETF during the first quarter valued at about $878,000. Private Portfolio Partners LLC raised its holdings in shares of iShares Russell 1000 Value ETF by 1.6% in the 4th quarter. Private Portfolio Partners LLC now owns 5,132 shares of the exchange traded fund’s stock valued at $950,000 after purchasing an additional 80 shares in the last quarter. BSW Wealth Partners lifted its stake in shares of iShares Russell 1000 Value ETF by 18.1% in the 1st quarter. BSW Wealth Partners now owns 5,148 shares of the exchange traded fund’s stock worth $969,000 after acquiring an additional 790 shares during the period. Partners in Financial Planning acquired a new position in iShares Russell 1000 Value ETF during the fourth quarter worth about $768,000. Finally, Invesco Ltd. purchased a new stake in iShares Russell 1000 Value ETF in the fourth quarter valued at approximately $634,000. 84.93% of the stock is owned by hedge funds and other institutional investors.

iShares Russell 1000 Value ETF Stock Up 0.6%

Shares of IWD stock opened at $196.01 on Friday. The company has a market cap of $62.56 billion, a PE ratio of 18.83 and a beta of 0.95. iShares Russell 1000 Value ETF has a 12 month low of $163.19 and a 12 month high of $200.42. The business’s 50 day moving average is $191.37 and its two-hundred day moving average is $188.27.

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).