Segment Wealth Management LLC Reduces Position in iShares Russell 1000 Value ETF $IWD

Segment Wealth Management LLC decreased its holdings in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 1.2% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 43,002 shares of the exchange traded fund’s stock after selling 506 shares during the quarter. Segment Wealth Management LLC’s holdings in iShares Russell 1000 Value ETF were worth $8,352,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of IWD. Brighton Jones LLC boosted its position in shares of iShares Russell 1000 Value ETF by 8.9% during the 4th quarter. Brighton Jones LLC now owns 36,663 shares of the exchange traded fund’s stock valued at $6,787,000 after acquiring an additional 2,981 shares during the last quarter. Bison Wealth LLC boosted its position in shares of iShares Russell 1000 Value ETF by 13.9% during the 4th quarter. Bison Wealth LLC now owns 4,121 shares of the exchange traded fund’s stock valued at $763,000 after acquiring an additional 502 shares during the last quarter. Rhumbline Advisers boosted its position in shares of iShares Russell 1000 Value ETF by 104.3% during the 1st quarter. Rhumbline Advisers now owns 40,272 shares of the exchange traded fund’s stock valued at $7,578,000 after acquiring an additional 20,563 shares during the last quarter. Fermata Advisors LLC acquired a new position in shares of iShares Russell 1000 Value ETF during the 1st quarter valued at about $268,000. Finally, Armstrong Fleming & Moore Inc acquired a new position in shares of iShares Russell 1000 Value ETF during the 1st quarter valued at about $365,000. Institutional investors and hedge funds own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Trading Up 0.4%

Shares of IWD stock opened at $204.96 on Friday. The company’s 50-day moving average price is $200.15 and its 200-day moving average price is $191.85. iShares Russell 1000 Value ETF has a twelve month low of $163.19 and a twelve month high of $206.01. The stock has a market cap of $64.58 billion, a price-to-earnings ratio of 18.83 and a beta of 0.95.

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).