iShares Russell 1000 Value ETF $IWD Shares Sold by Premier Path Wealth Partners LLC
by Tristan Rich · The Markets DailyPremier Path Wealth Partners LLC reduced its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD – Free Report) by 24.5% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 15,613 shares of the exchange traded fund’s stock after selling 5,069 shares during the quarter. Premier Path Wealth Partners LLC’s holdings in iShares Russell 1000 Value ETF were worth $3,336,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Morgan Stanley increased its position in 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 worth $8,342,840,000 after purchasing an additional 3,280,476 shares during the last quarter. Bank of America Corp DE boosted its holdings 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. 71 West Capital Partners purchased a new stake in shares of iShares Russell 1000 Value ETF in the 4th quarter valued at approximately $240,065,000. Wells Fargo & Company MN increased its holdings in shares of iShares Russell 1000 Value ETF by 20.3% during the 4th quarter. Wells Fargo & Company MN now owns 5,895,769 shares of the exchange traded fund’s stock worth $1,240,116,000 after buying an additional 995,230 shares during the last quarter. Finally, Focus Partners Wealth increased its holdings 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 buying an additional 851,770 shares during the last quarter. 84.93% of the stock is owned by institutional investors and hedge funds.
iShares Russell 1000 Value ETF Stock Performance
IWD stock opened at $242.43 on Wednesday. iShares Russell 1000 Value ETF has a one year low of $191.64 and a one year high of $245.71. The firm has a market cap of $77.87 billion, a PE ratio of 18.83 and a beta of 0.84. The firm’s 50 day moving average price is $236.09 and its 200-day moving average price is $224.34.
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.
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