Mather Group LLC. Has $10.02 Million Stock Position in iShares Russell 1000 Value ETF $IWD

Mather Group LLC. reduced its holdings in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 7.4% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 47,625 shares of the exchange traded fund’s stock after selling 3,812 shares during the quarter. Mather Group LLC.’s holdings in iShares Russell 1000 Value ETF were worth $10,018,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in IWD. Clayton Financial Group LLC acquired a new position in shares of iShares Russell 1000 Value ETF during the 3rd quarter worth about $27,000. Holos Integrated Wealth LLC bought a new position in shares of iShares Russell 1000 Value ETF during the 4th quarter worth approximately $31,000. Clarity Asset Management Inc. bought a new position in iShares Russell 1000 Value ETF during the second quarter worth $35,000. Davis Capital Management bought a new stake in shares of iShares Russell 1000 Value ETF during the 3rd quarter worth about $38,000. Finally, Aberdeen Wealth Management LLC bought a new stake in shares of iShares Russell 1000 Value ETF during the second quarter worth approximately $39,000. 84.93% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell 1000 Value ETF Price Performance

Shares of NYSEARCA IWD opened at $212.51 on Friday. The firm has a market cap of $66.21 billion, a price-to-earnings ratio of 18.83 and a beta of 0.89. The stock’s fifty day moving average price is $220.08 and its two-hundred day moving average price is $211.53. iShares Russell 1000 Value ETF has a one year low of $163.19 and a one year high of $226.39.

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.