Courier Capital LLC reduced its position in iShares Russell 1000 Value ETF (NYSEARCA:IWD – Free Report) by 3.0% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,452 shares of the exchange-traded fund after selling 136 shares during the period. Courier Capital LLC’s holdings in iShares Russell 1000 Value ETF were worth $797,000, according to the most recent SEC filing.
A number of other institutional investors and hedge funds have also recently added to or reduced their holdings of IWD. GLOBALT Investments LLC GA acquired a new position in shares of iShares Russell 1000 Value ETF during the fourth quarter valued at approximately $330,977,000. Envestnet Asset Management Inc. increased its position in shares of iShares Russell 1000 Value ETF by 21.8% during the fourth quarter. Envestnet Asset Management Inc. now owns 7,166,594 shares of the exchange traded fund valued at $1,184,280,000 after acquiring an additional 1,282,817 shares during the last quarter. International Assets Investment Management LLC increased its position in shares of iShares Russell 1000 Value ETF by 15,667.6% during the fourth quarter. International Assets Investment Management LLC now owns 1,258,097 shares of the exchange traded fund worth $207,901,000 after purchasing an additional 1,250,118 shares in the last quarter. Comerica Bank acquired a new position in shares of iShares Russell 1000 Value ETF in the third quarter valued at about $147,633,000. Finally, Alaska Permanent Fund Corp increased its position in shares of iShares Russell 1000 Value ETF by 85.8% in the first quarter. Alaska Permanent Fund Corp now owns 1,929,517 shares of the exchange traded fund worth $345,596,000 after purchasing an additional 890,764 shares in the last quarter.
iShares Russell 1000 Value ETF trading up 0.1%
IWD shares opened at $174.47 on Friday. The iShares Russell 1000 Value ETF has a 1-year low of $143.34 and a 1-year high of $179.56. The company’s 50-day moving average is $175.13 and its 200-day moving average is $171.27. The company has a market cap of $54.65 billion, a price-to-earnings ratio of 17.81 and a beta of 0.77.
About iShares Russell 1000 Value ETF
(Free report)
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-cap value sector of the U.S. equity market as represented by the Russell 1000 Value Index (the Index).
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