NewEdge Advisors LLC Sells 5,285 Shares of iShares Russell 1000 Value ETF $IWD

NewEdge Advisors LLC decreased its holdings in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 4.3% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 116,785 shares of the exchange traded fund’s stock after selling 5,285 shares during the quarter. NewEdge Advisors LLC’s holdings in iShares Russell 1000 Value ETF were worth $28,312,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Morgan Stanley grew its holdings in shares of iShares Russell 1000 Value ETF by 9.0% during the 4th 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 last quarter. Bank of America Corp DE lifted its stake in 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 valued at $10,991,657,000 after purchasing an additional 2,686,078 shares during the last quarter. Greenleaf Trust lifted its stake in iShares Russell 1000 Value ETF by 20,660.3% in the 2nd quarter. Greenleaf Trust now owns 1,491,213 shares of the exchange traded fund’s stock valued at $116,166,000 after purchasing an additional 1,484,030 shares during the last quarter. 71 West Capital Partners acquired a new stake in iShares Russell 1000 Value ETF in the fourth quarter valued at approximately $240,065,000. Finally, Wells Fargo & Company MN boosted its position in 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 buying an additional 995,230 shares in the last quarter. Institutional investors and hedge funds own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Stock Performance

Shares of NYSEARCA:IWD opened at $254.06 on Thursday. The company has a fifty day moving average of $253.17 and a 200-day moving average of $237.18. The company has a market capitalization of $82.54 billion, a PE ratio of 18.83 and a beta of 0.83. iShares Russell 1000 Value ETF has a 52-week low of $199.40 and a 52-week high of $260.19.

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.