Jones Financial Companies Lllp Reduces Stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Jones Financial Companies Lllp reduced its holdings in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 35.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,985,097 shares of the exchange traded fund’s stock after selling 2,191,564 shares during the period. iShares Russell 1000 Value ETF comprises 0.7% of Jones Financial Companies Lllp’s portfolio, making the stock its 19th largest holding. Jones Financial Companies Lllp owned 1.27% of iShares Russell 1000 Value ETF worth $737,761,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of IWD. Focus Financial Network Inc. lifted its stake in shares of iShares Russell 1000 Value ETF by 4.7% during the 3rd quarter. Focus Financial Network Inc. now owns 12,147 shares of the exchange traded fund’s stock valued at $2,306,000 after buying an additional 546 shares in the last quarter. Lowe Brockenbrough & Co. Inc. raised its holdings in iShares Russell 1000 Value ETF by 9.5% during the third quarter. Lowe Brockenbrough & Co. Inc. now owns 4,177 shares of the exchange traded fund’s stock valued at $793,000 after acquiring an additional 364 shares during the period. Farther Finance Advisors LLC lifted its position in shares of iShares Russell 1000 Value ETF by 65.3% in the third quarter. Farther Finance Advisors LLC now owns 5,899 shares of the exchange traded fund’s stock valued at $1,120,000 after acquiring an additional 2,331 shares in the last quarter. Symmetry Partners LLC bought a new position in shares of iShares Russell 1000 Value ETF in the third quarter worth about $841,000. Finally, Northern Financial Advisors Inc purchased a new stake in shares of iShares Russell 1000 Value ETF during the third quarter worth about $215,000.

iShares Russell 1000 Value ETF Stock Performance

IWD stock opened at $194.37 on Friday. The company’s fifty day moving average price is $190.87 and its 200-day moving average price is $190.37. iShares Russell 1000 Value ETF has a one year low of $168.85 and a one year high of $200.42. The company has a market capitalization of $62.52 billion, a PE ratio of 19.81 and a beta of 0.98.

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).