iShares Russell 1000 Value ETF $IWD Shares Sold by LWM Advisors Inc.

LWM Advisors Inc. reduced its position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 1.6% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 125,487 shares of the exchange traded fund’s stock after selling 2,000 shares during the quarter. iShares Russell 1000 Value ETF makes up 23.5% of LWM Advisors Inc.’s investment portfolio, making the stock its largest holding. LWM Advisors Inc.’s holdings in iShares Russell 1000 Value ETF were worth $31,112,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Baird Financial Group Inc. lifted its position in iShares Russell 1000 Value ETF by 2.7% during the 2nd quarter. Baird Financial Group Inc. now owns 6,192,377 shares of the exchange traded fund’s stock worth $1,501,218,000 after acquiring an additional 165,599 shares during the last quarter. Wells Fargo & Company MN grew its position 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 during the last quarter. Greenleaf Trust increased its stake in shares of iShares Russell 1000 Value ETF by 20,660.3% in the second quarter. Greenleaf Trust now owns 1,491,213 shares of the exchange traded fund’s stock worth $116,166,000 after purchasing an additional 1,484,030 shares during the period. Rockefeller Capital Management L.P. increased its stake in shares of iShares Russell 1000 Value ETF by 28.5% in the fourth quarter. Rockefeller Capital Management L.P. now owns 1,440,501 shares of the exchange traded fund’s stock worth $302,995,000 after purchasing an additional 319,319 shares during the period. Finally, Focus Partners Wealth lifted its position in shares of iShares Russell 1000 Value ETF by 151.8% during the 4th quarter. Focus Partners Wealth now owns 1,412,808 shares of the exchange traded fund’s stock worth $297,152,000 after purchasing an additional 851,770 shares during the last quarter. 84.93% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell 1000 Value ETF Trading Up 0.1%

NYSEARCA:IWD traded up $0.23 during mid-day trading on Thursday, hitting $251.01. 820,956 shares of the company’s stock traded hands, compared to its average volume of 2,666,403. The firm has a 50 day moving average of $254.73 and a two-hundred day moving average of $241.60. iShares Russell 1000 Value ETF has a 12 month low of $199.40 and a 12 month high of $260.19. The firm has a market capitalization of $81.99 billion, a price-to-earnings 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.