iShares Russell 1000 Value ETF (NYSEARCA:IWD) Shares Sold by JPMorgan Chase & Co.

JPMorgan Chase & Co. decreased its holdings in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 2.3% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 9,725,382 shares of the exchange traded fund’s stock after selling 224,069 shares during the quarter. JPMorgan Chase & Co. owned about 3.10% of iShares Russell 1000 Value ETF worth $1,741,914,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Concord Wealth Partners grew its stake in shares of iShares Russell 1000 Value ETF by 70.4% in the first quarter. Concord Wealth Partners now owns 167 shares of the exchange traded fund’s stock valued at $30,000 after buying an additional 69 shares in the last quarter. Partnership Wealth Management LLC acquired a new stake in shares of iShares Russell 1000 Value ETF in the fourth quarter valued at $28,000. CarsonAllaria Wealth Management Ltd. grew its stake in shares of 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’s stock valued at $29,000 after buying an additional 81 shares in the last quarter. Access Investment Management LLC acquired a new position in iShares Russell 1000 Value ETF during the 4th quarter worth $30,000. Finally, HHM Wealth Advisors LLC grew its stake in iShares Russell 1000 Value ETF by 60.2% during the 4th quarter. HHM Wealth Advisors LLC now owns 189 shares of the exchange traded fund’s stock worth $31,000 after purchasing an additional 71 shares in the last quarter.

iShares Russell 1000 Value ETF Trading Down 0.7 %

IWD traded down $1.20 on Friday, hitting $179.84. 4,755,977 shares of the company were exchanged, compared to its average volume of 1,831,820. iShares Russell 1000 Value ETF has a twelve month low of $143.34 and a twelve month high of $183.99. The company has a market cap of $56.33 billion, a price-to-earnings ratio of 17.81 and a beta of 0.77. The firm has a 50-day moving average price of $176.11 and a two-hundred day moving average price of $172.65.

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).