iShares Russell 1000 Value ETF $IWD Shares Sold by Pacific Life Fund Advisors LLC

Pacific Life Fund Advisors LLC lowered its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 2.5% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 1,079,013 shares of the exchange traded fund’s stock after selling 27,729 shares during the quarter. iShares Russell 1000 Value ETF comprises 22.5% of Pacific Life Fund Advisors LLC’s investment portfolio, making the stock its largest holding. Pacific Life Fund Advisors LLC’s holdings in iShares Russell 1000 Value ETF were worth $219,676,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. SilverOak Wealth Management LLC grew its holdings in iShares Russell 1000 Value ETF by 0.4% in the third quarter. SilverOak Wealth Management LLC now owns 11,234 shares of the exchange traded fund’s stock worth $2,287,000 after purchasing an additional 50 shares during the period. Crestwood Advisors Group LLC boosted its position in shares of iShares Russell 1000 Value ETF by 1.7% during the 2nd quarter. Crestwood Advisors Group LLC now owns 3,159 shares of the exchange traded fund’s stock worth $614,000 after purchasing an additional 52 shares in the last quarter. Rathbones Group PLC grew its stake in shares of iShares Russell 1000 Value ETF by 3.0% in the 2nd quarter. Rathbones Group PLC now owns 1,799 shares of the exchange traded fund’s stock valued at $349,000 after buying an additional 52 shares during the period. Golden Road Advisors LLC grew its stake in shares of iShares Russell 1000 Value ETF by 1.3% in the 2nd quarter. Golden Road Advisors LLC now owns 4,137 shares of the exchange traded fund’s stock valued at $804,000 after buying an additional 54 shares during the period. Finally, Penobscot Investment Management Company Inc. increased its position in iShares Russell 1000 Value ETF by 4.6% in the 2nd quarter. Penobscot Investment Management Company Inc. now owns 1,250 shares of the exchange traded fund’s stock valued at $243,000 after buying an additional 55 shares in the last quarter. 84.93% of the stock is owned by institutional investors.

iShares Russell 1000 Value ETF Stock Performance

IWD stock opened at $217.72 on Tuesday. The stock’s 50 day simple moving average is $209.20 and its 200 day simple moving average is $203.37. The company has a market cap of $71.16 billion, a P/E ratio of 18.83 and a beta of 0.89. iShares Russell 1000 Value ETF has a fifty-two week low of $163.19 and a fifty-two week high of $217.88.

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). The Index represents approximately 50% of the total market capitalization of the Russell 1000 Index. The Index measures the large-capital value sector of the United States equity market.