iShares Russell 1000 Value ETF $IWD Shares Sold by Modera Wealth Management LLC

Modera Wealth Management LLC lessened its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 17.8% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 364,779 shares of the exchange traded fund’s stock after selling 79,167 shares during the period. iShares Russell 1000 Value ETF accounts for approximately 0.9% of Modera Wealth Management LLC’s portfolio, making the stock its 29th biggest position. Modera Wealth Management LLC owned about 0.11% of iShares Russell 1000 Value ETF worth $76,728,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of IWD. Confluence Investment Management LLC lifted its position in shares of iShares Russell 1000 Value ETF by 2,904.9% during the 4th quarter. Confluence Investment Management LLC now owns 568,609 shares of the exchange traded fund’s stock worth $119,601,000 after buying an additional 549,686 shares during the last quarter. Tcfg Wealth Management LLC increased its position in shares of iShares Russell 1000 Value ETF by 12,109.1% in the third quarter. Tcfg Wealth Management LLC now owns 321,587 shares of the exchange traded fund’s stock valued at $65,472,000 after buying an additional 318,953 shares in the last quarter. SMI Advisory Services LLC purchased a new stake in iShares Russell 1000 Value ETF during the 4th quarter worth about $55,463,000. Thrivent Financial for Lutherans boosted its stake in iShares Russell 1000 Value ETF by 615.9% in the 3rd quarter. Thrivent Financial for Lutherans now owns 291,173 shares of the exchange traded fund’s stock worth $59,280,000 after buying an additional 250,498 shares during the last quarter. Finally, CIBC Bancorp USA Inc. acquired a new stake in iShares Russell 1000 Value ETF in the 3rd quarter worth about $40,115,000. 84.93% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell 1000 Value ETF Stock Performance

iShares Russell 1000 Value ETF stock opened at $216.61 on Tuesday. iShares Russell 1000 Value ETF has a one year low of $163.19 and a one year high of $226.39. The stock’s 50 day moving average price is $219.39 and its 200 day moving average price is $212.23. The firm has a market capitalization of $70.76 billion, a PE ratio of 18.83 and a beta of 0.87.

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). 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.