Triangle Securities Wealth Management Trims Stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Triangle Securities Wealth Management reduced its position in iShares Russell 1000 Value ETF (NYSEARCA:IWD – Get Rating) by 3.3% during the fourth quarter, HoldingsChannel.com reports. The firm owned 2,816 shares of the exchange traded fund’s stock after selling 96 shares during the period. Triangle Securities Wealth Management’s holdings in iShares Russell 1000 Value ETF were worth $427,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Goldman Sachs Group Inc. grew its stake in iShares Russell 1000 Value ETF by 2.0% in the 2nd quarter. Goldman Sachs Group Inc. now owns 15,409,298 shares of the exchange traded fund’s stock worth $2,233,886,000 after acquiring an additional 297,089 shares in the last quarter. CFS Investment Advisory Services LLC grew its stake in iShares Russell 1000 Value ETF by 13,402.9% in the 3rd quarter. CFS Investment Advisory Services LLC now owns 14,925,990 shares of the exchange traded fund’s stock worth $3,395,000 after acquiring an additional 14,815,451 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in iShares Russell 1000 Value ETF by 4.2% in the 3rd quarter. Envestnet Asset Management Inc. now owns 7,517,272 shares of the exchange traded fund’s stock worth $1,022,274,000 after acquiring an additional 304,262 shares in the last quarter. BlackRock Inc. grew its stake in iShares Russell 1000 Value ETF by 1.2% in the 3rd quarter. BlackRock Inc. now owns 4,076,923 shares of the exchange traded fund’s stock worth $554,421,000 after acquiring an additional 49,044 shares in the last quarter. Finally, Northern Trust Corp grew its stake in iShares Russell 1000 Value ETF by 11.6% in the 2nd quarter. Northern Trust Corp now owns 3,416,233 shares of the exchange traded fund’s stock worth $495,251,000 after acquiring an additional 354,742 shares in the last quarter.

iShares Russell 1000 Value ETF Price Performance

Shares of IWD stock opened at $145.65 on Friday. The company has a market capitalization of $49.32 billion, a P/E ratio of 13.53 and a beta of 0.96. The company’s 50-day simple moving average is $155.92 and its two-hundred day simple moving average is $151.53. iShares Russell 1000 Value ETF has a one year low of $134.09 and a one year high of $169.69.

iShares Russell 1000 Value ETF Profile

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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).