iShares Russell 1000 Value ETF $IWD Shares Sold by First Horizon Advisors Inc.

First Horizon Advisors Inc. lessened its holdings in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 2.2% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 192,871 shares of the exchange traded fund’s stock after selling 4,261 shares during the quarter. iShares Russell 1000 Value ETF accounts for 1.0% of First Horizon Advisors Inc.’s portfolio, making the stock its 23rd largest position. First Horizon Advisors Inc. owned 0.06% of iShares Russell 1000 Value ETF worth $37,461,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Goldman Sachs Group Inc. raised its stake in iShares Russell 1000 Value ETF by 2.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 15,629,692 shares of the exchange traded fund’s stock valued at $2,940,883,000 after acquiring an additional 363,429 shares in the last quarter. Envestnet Asset Management Inc. grew its holdings in shares of iShares Russell 1000 Value ETF by 0.9% during the second quarter. Envestnet Asset Management Inc. now owns 6,599,784 shares of the exchange traded fund’s stock valued at $1,281,871,000 after buying an additional 57,669 shares in the last quarter. Baird Financial Group Inc. grew its stake in iShares Russell 1000 Value ETF by 1.8% in the first quarter. Baird Financial Group Inc. now owns 4,681,498 shares of the exchange traded fund’s stock valued at $880,871,000 after purchasing an additional 81,955 shares in the last quarter. Northern Trust Corp lifted its position in shares of iShares Russell 1000 Value ETF by 5.9% in the first quarter. Northern Trust Corp now owns 4,518,369 shares of the exchange traded fund’s stock worth $850,176,000 after buying an additional 253,088 shares during the last quarter. Finally, LPL Financial LLC increased its stake in iShares Russell 1000 Value ETF by 6.2% during the first quarter. LPL Financial LLC now owns 3,949,393 shares of the exchange traded fund’s stock valued at $743,118,000 after acquiring an additional 229,198 shares during the period. Institutional investors and hedge funds own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Price Performance

NYSEARCA IWD opened at $202.87 on Wednesday. The stock’s 50 day simple moving average is $203.11 and its 200 day simple moving average is $195.71. The firm has a market cap of $64.43 billion, a PE ratio of 18.83 and a beta of 0.89. iShares Russell 1000 Value ETF has a one year low of $163.19 and a one year high of $207.58.

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).