KCM Investment Advisors LLC reduced its holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD – Free Report) by 25.6% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,309 shares of the exchange-traded fund after selling 450 shares during the quarter. KCM Investment Advisors LLC’s holdings in iShares Russell 1000 Value ETF were worth $234,000 at the end of the most recent quarter.
A number of other large investors have also made changes to their positions in IWD. Partnership Wealth Management LLC acquired a new position in shares of iShares Russell 1000 Value ETF in the 4th quarter valued at about $28,000. Headinvest LLC acquired a new position in shares of iShares Russell 1000 Value ETF in the third quarter valued at about $29,000. CarsonAllaria Wealth Management Ltd. increased its holdings in iShares Russell 1000 Value ETF by 84.4% in the fourth quarter. CarsonAllaria Wealth Management Ltd. now owns 177 shares of the exchange traded fund valued at $29,000 after purchasing an additional 81 shares in the last quarter. Access Investment Management LLC acquired a new position in shares of iShares Russell 1000 Value ETF in the 4th quarter valued at about $30,000. Finally, Concord Wealth Partners increased its stake in shares of iShares Russell 1000 Value ETF by 70.4% during the first quarter. Concord Wealth Partners now owns 167 shares of the exchange-traded fund worth $30,000 after purchasing an additional 69 shares during the last quarter.
iShares Russell 1000 Value ETF Stock Performance
IWD rose $0.58 on Monday to reach $179.25. 539,286 shares of the company traded hands, compared to an average volume of 1,813,652. The iShares Russell 1000 Value ETF has a twelve-month low of $143.34 and a twelve-month high of $179.57. The company’s 50-day moving average is $175.56 and its 200-day moving average is $172.15. The company has a market cap of $56.15 billion, a price-to-earnings ratio of 17.81 and a beta of 0.77.
iShares Russell 1000 Value ETF Company Profile
(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).
More stories
Get daily news and reviews on the iShares Russell 1000 Value ETF – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for iShares Russell 1000 Value ETF and related companies with MarketBeat.com’s FREE daily email newsletter.
