Envestnet Portfolio Solutions Inc. Has $22.38 Million Position in iShares Russell 1000 Value ETF $IWD

Envestnet Portfolio Solutions Inc. lessened its holdings in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 10.8% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 92,318 shares of the exchange traded fund’s stock after selling 11,209 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in iShares Russell 1000 Value ETF were worth $22,381,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of IWD. Evanson Financial LLC bought a new position in iShares Russell 1000 Value ETF in the second quarter valued at approximately $3,582,000. NFJ Investment Group LLC increased its position in shares of iShares Russell 1000 Value ETF by 1,705.2% during the fourth quarter. NFJ Investment Group LLC now owns 41,105 shares of the exchange traded fund’s stock worth $8,646,000 after acquiring an additional 38,828 shares in the last quarter. WCG Wealth Advisors LLC raised its holdings in shares of iShares Russell 1000 Value ETF by 18.9% during the fourth quarter. WCG Wealth Advisors LLC now owns 14,894 shares of the exchange traded fund’s stock worth $3,133,000 after acquiring an additional 2,372 shares during the period. SB Capital Management Inc acquired a new stake in shares of iShares Russell 1000 Value ETF during the fourth quarter worth $2,685,000. Finally, Hsbc Holdings PLC raised its holdings in shares of iShares Russell 1000 Value ETF by 4.8% during the fourth quarter. Hsbc Holdings PLC now owns 141,873 shares of the exchange traded fund’s stock worth $29,841,000 after acquiring an additional 6,534 shares during the period. 84.93% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell 1000 Value ETF Stock Down 0.5%

IWD traded down $1.25 during trading on Wednesday, hitting $251.42. The company had a trading volume of 1,723,142 shares, compared to its average volume of 2,726,761. The company has a market capitalization of $81.90 billion, a PE ratio of 18.83 and a beta of 0.83. iShares Russell 1000 Value ETF has a one year low of $199.40 and a one year high of $260.19. The firm’s 50-day moving average price is $254.34 and its 200 day moving average price is $239.01.

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.