Focus Partners Advisor Solutions LLC Trims Stock Position in iShares Russell 1000 Value ETF $IWD

Focus Partners Advisor Solutions LLC lowered its holdings in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 24.9% in the 4th quarter, Holdings Channel.com reports. The firm owned 19,470 shares of the exchange traded fund’s stock after selling 6,453 shares during the quarter. Focus Partners Advisor Solutions LLC’s holdings in iShares Russell 1000 Value ETF were worth $4,096,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently made changes to their positions in IWD. Diamond Hill Capital Management Inc. increased its position in shares of iShares Russell 1000 Value ETF by 24,828.5% during the 4th quarter. Diamond Hill Capital Management Inc. now owns 556,903 shares of the exchange traded fund’s stock valued at $117,139,000 after purchasing an additional 554,669 shares during the last quarter. Confluence Investment Management LLC increased its position in shares of iShares Russell 1000 Value ETF by 2,904.9% during the 4th quarter. Confluence Investment Management LLC now owns 568,609 shares of the exchange traded fund’s stock valued at $119,601,000 after purchasing an additional 549,686 shares during the last quarter. BNP Paribas Financial Markets increased its position in shares of iShares Russell 1000 Value ETF by 91.1% during the 4th quarter. BNP Paribas Financial Markets now owns 1,053,204 shares of the exchange traded fund’s stock valued at $221,531,000 after purchasing an additional 502,015 shares during the last quarter. Dynasty Wealth Management LLC purchased a new stake in shares of iShares Russell 1000 Value ETF during the 4th quarter valued at about $83,260,000. Finally, JPMorgan Chase & Co. increased its position in shares of iShares Russell 1000 Value ETF by 3.8% during the 4th quarter. JPMorgan Chase & Co. now owns 9,251,710 shares of the exchange traded fund’s stock valued at $1,946,005,000 after purchasing an additional 338,948 shares during the last quarter. Hedge funds and other institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Stock Up 0.4%

NYSEARCA IWD opened at $238.17 on Wednesday. iShares Russell 1000 Value ETF has a 52 week low of $188.55 and a 52 week high of $241.35. The firm has a market capitalization of $76.50 billion, a P/E ratio of 18.83 and a beta of 0.84. The company has a 50-day moving average price of $229.44 and a 200-day moving average price of $220.76.

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.