iShares Russell 1000 Value ETF $IWD Shares Sold by CX Institutional

CX Institutional lowered its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 2.2% during the second quarter, Holdings Channel.com reports. The institutional investor owned 118,254 shares of the exchange traded fund’s stock after selling 2,686 shares during the period. iShares Russell 1000 Value ETF makes up approximately 0.8% of CX Institutional’s portfolio, making the stock its 28th largest position. CX Institutional’s holdings in iShares Russell 1000 Value ETF were worth $28,668,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of IWD. Personal CFO Solutions LLC purchased a new position in shares of iShares Russell 1000 Value ETF during the fourth quarter valued at approximately $1,539,000. Brown Miller Wealth Management LLC acquired a new stake in iShares Russell 1000 Value ETF during the fourth quarter worth approximately $1,213,000. Massachusetts Financial Services Co. MA grew its stake in iShares Russell 1000 Value ETF by 121.8% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 190,793 shares of the exchange traded fund’s stock worth $40,131,000 after acquiring an additional 104,778 shares during the period. Oakworth Capital Inc. grew its stake in iShares Russell 1000 Value ETF by 3.2% in the 4th quarter. Oakworth Capital Inc. now owns 835,036 shares of the exchange traded fund’s stock worth $175,641,000 after acquiring an additional 25,803 shares during the period. Finally, Washington Trust Bank grew its stake in iShares Russell 1000 Value ETF by 99.3% in the 4th quarter. Washington Trust Bank now owns 4,392 shares of the exchange traded fund’s stock worth $924,000 after acquiring an additional 2,188 shares during the period. Hedge funds and other institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Stock Performance

Shares of IWD opened at $254.24 on Tuesday. iShares Russell 1000 Value ETF has a fifty-two week low of $193.40 and a fifty-two week high of $254.57. The company has a market capitalization of $82.69 billion, a PE ratio of 18.83 and a beta of 0.84. The stock has a fifty day moving average of $244.03 and a two-hundred day moving average of $230.31.

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). 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.