Westwood Holdings Group Inc. Has $16.25 Million Stock Holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Westwood Holdings Group Inc. decreased its holdings in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 5.9% in the 1st quarter, Holdings Channel.com reports. The firm owned 90,716 shares of the exchange traded fund’s stock after selling 5,657 shares during the quarter. Westwood Holdings Group Inc.’s holdings in iShares Russell 1000 Value ETF were worth $16,248,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Peninsula Wealth LLC acquired a new stake in shares of iShares Russell 1000 Value ETF in the first quarter valued at $421,000. Cetera Advisor Networks LLC raised its position in shares of iShares Russell 1000 Value ETF by 1.0% in the 1st quarter. Cetera Advisor Networks LLC now owns 469,507 shares of the exchange traded fund’s stock valued at $84,093,000 after acquiring an additional 4,669 shares during the period. Cetera Advisors LLC boosted its position in shares of iShares Russell 1000 Value ETF by 26.7% during the first quarter. Cetera Advisors LLC now owns 349,178 shares of the exchange traded fund’s stock worth $62,541,000 after purchasing an additional 73,659 shares in the last quarter. Cetera Investment Advisers grew its stake in iShares Russell 1000 Value ETF by 162.1% in the first quarter. Cetera Investment Advisers now owns 1,223,017 shares of the exchange traded fund’s stock valued at $219,055,000 after acquiring an additional 756,464 shares during the period. Finally, LRI Investments LLC bought a new stake in iShares Russell 1000 Value ETF during the 1st quarter worth approximately $431,000.

iShares Russell 1000 Value ETF Stock Performance

NYSEARCA IWD traded down $3.10 during trading on Friday, hitting $178.36. The stock had a trading volume of 2,321,336 shares, compared to its average volume of 1,822,819. The company has a market capitalization of $55.87 billion, a PE ratio of 17.81 and a beta of 0.77. iShares Russell 1000 Value ETF has a 12 month low of $143.34 and a 12 month high of $184.93. The company’s 50-day moving average price is $176.74 and its two-hundred day moving average price is $173.73.

iShares Russell 1000 Value ETF Profile

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).