McNamara Financial Services Inc. Trims Stock Position in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

McNamara Financial Services Inc. cut its holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 11.6% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 2,144 shares of the exchange traded fund’s stock after selling 280 shares during the period. McNamara Financial Services Inc.’s holdings in iShares Russell 1000 Value ETF were worth $397,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in IWD. Eagle Bay Advisors LLC purchased a new position in shares of iShares Russell 1000 Value ETF during the 3rd quarter worth $32,000. Hantz Financial Services Inc. acquired a new position in iShares Russell 1000 Value ETF in the fourth quarter valued at about $35,000. Carmichael Hill & Associates Inc. increased its position in shares of iShares Russell 1000 Value ETF by 536.1% during the third quarter. Carmichael Hill & Associates Inc. now owns 229 shares of the exchange traded fund’s stock valued at $43,000 after acquiring an additional 193 shares during the last quarter. Northwest Investment Counselors LLC purchased a new stake in shares of iShares Russell 1000 Value ETF in the 3rd quarter valued at approximately $44,000. Finally, Howe & Rusling Inc. lifted its holdings in shares of iShares Russell 1000 Value ETF by 144.1% in the 3rd quarter. Howe & Rusling Inc. now owns 249 shares of the exchange traded fund’s stock worth $47,000 after acquiring an additional 147 shares during the last quarter.

iShares Russell 1000 Value ETF Stock Performance

iShares Russell 1000 Value ETF stock opened at $193.54 on Monday. The company has a market capitalization of $60.63 billion, a PE ratio of 17.81 and a beta of 0.77. iShares Russell 1000 Value ETF has a fifty-two week low of $164.34 and a fifty-two week high of $200.42. The firm has a 50 day moving average price of $190.97 and a 200 day moving average price of $188.40.

iShares Russell 1000 Value ETF Company 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).