London Co. of Virginia Has $2.26 Million Position in iShares Russell 1000 Value ETF $IWD

London Co. of Virginia lessened its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 92.5% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 10,557 shares of the exchange traded fund’s stock after selling 130,307 shares during the period. London Co. of Virginia’s holdings in iShares Russell 1000 Value ETF were worth $2,256,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in IWD. Bank of America Corp DE lifted its position in shares of iShares Russell 1000 Value ETF by 5.4% in the 4th quarter. Bank of America Corp DE now owns 52,256,616 shares of the exchange traded fund’s stock worth $10,991,657,000 after acquiring an additional 2,686,078 shares during the period. Morgan Stanley increased its position in shares of iShares Russell 1000 Value ETF by 9.0% during the fourth quarter. Morgan Stanley now owns 39,663,587 shares of the exchange traded fund’s stock valued at $8,342,840,000 after purchasing an additional 3,280,476 shares during the period. Goldman Sachs Group Inc. increased its position in shares of iShares Russell 1000 Value ETF by 0.8% during the fourth quarter. Goldman Sachs Group Inc. now owns 11,414,192 shares of the exchange traded fund’s stock valued at $2,400,861,000 after purchasing an additional 85,365 shares during the period. JPMorgan Chase & Co. raised its stake in shares of iShares Russell 1000 Value ETF by 3.8% in the fourth quarter. JPMorgan Chase & Co. now owns 9,251,710 shares of the exchange traded fund’s stock valued at $1,946,005,000 after purchasing an additional 338,948 shares in the last quarter. Finally, Wells Fargo & Company MN raised its stake in shares of iShares Russell 1000 Value ETF by 20.3% in the fourth quarter. Wells Fargo & Company MN now owns 5,895,769 shares of the exchange traded fund’s stock valued at $1,240,116,000 after purchasing an additional 995,230 shares in the last quarter. 84.93% of the stock is owned by institutional investors and hedge funds.

iShares Russell 1000 Value ETF Price Performance

IWD opened at $248.24 on Monday. iShares Russell 1000 Value ETF has a fifty-two week low of $191.64 and a fifty-two week high of $250.50. The firm’s fifty day moving average price is $241.98 and its two-hundred day moving average price is $228.84. The company has a market capitalization of $81.11 billion, a P/E ratio of 18.83 and a beta of 0.84.

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). The Index represents approximately 50% of the total market capitalization of the Russell 1000 Index. The Index measures the large-capital value sector of the United States equity market.