Grimes & Company Inc. reduced its holdings in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD – Free Report) by 5.2% during the first quarter, the company said in its most recent filing with the Securities & Exchange Commission (SEC). The institutional investor owned 9,703 shares of the exchange-traded fund after selling 531 shares during the same period. Grimes & Company Inc.’s holdings in the iShares Russell 1000 Value ETF were worth $1,738,000 at the end of the last quarter.
Several other institutional investors have also made changes to their stock holdings. Jones Financial Companies Lllp increased its holdings in iShares Russell 1000 Value ETF by 0.5% in the 4th quarter. Jones Financial Companies Lllp now owns 8,782,718 shares of the exchange-traded fund worth $1,451,344,000 after acquiring an additional 47,471 shares in the last quarter. UBS Group AG increased its position in iShares Russell 1000 Value ETF by 6.4% in the 4th quarter. UBS Group AG now owns 7,412,758 shares of the exchange-traded fund worth $1,224,958,000 after acquiring an additional 444,862 shares in the last quarter. Envestnet Asset Management Inc. increased its holdings in iShares Russell 1000 Value ETF by 21.8% in the 4th 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 in the last quarter. Wells Fargo & Company MN increased its holdings in iShares Russell 1000 Value ETF by 14.1% in the 4th quarter. Wells Fargo & Company MN now owns 4,909,518 shares of the exchange traded fund valued at $811,298,000 after acquiring an additional 608,062 shares in the last quarter. Finally, Northern Trust Corp increased its holdings in iShares Russell 1000 Value ETF by 6.2% in the 4th quarter. Northern Trust Corp now owns 3,758,131 shares of the exchange-traded fund’s stock valued at $621,031,000 after acquiring an additional 220,344 shares in the last quarter.
iShares Russell 1000 Value ETF price development
IWD stock 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 has a market cap of $54.65 billion, a P/E ratio of 17.81 and a beta of 0.77. The company has a 50-day moving average of $175.13 and a 200-day moving average of $171.35.
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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