Hazlett Burt & Watson Inc. Lowers Stock Position in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Hazlett Burt & Watson Inc. cut its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 4.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 3,413 shares of the exchange traded fund’s stock after selling 159 shares during the period. Hazlett Burt & Watson Inc.’s holdings in iShares Russell 1000 Value ETF were worth $629,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. JPMorgan Chase & Co. increased its holdings in iShares Russell 1000 Value ETF by 7.8% in the 4th quarter. JPMorgan Chase & Co. now owns 9,252,043 shares of the exchange traded fund’s stock valued at $1,712,831,000 after purchasing an additional 671,710 shares during the last quarter. Raymond James Financial Inc. purchased a new position in shares of iShares Russell 1000 Value ETF during the fourth quarter worth $972,637,000. M&T Bank Corp grew its stake in shares of iShares Russell 1000 Value ETF by 4.9% in the fourth quarter. M&T Bank Corp now owns 3,720,837 shares of the exchange traded fund’s stock valued at $688,838,000 after buying an additional 173,058 shares in the last quarter. LPL Financial LLC raised its holdings in shares of iShares Russell 1000 Value ETF by 12.9% in the 4th quarter. LPL Financial LLC now owns 3,720,195 shares of the exchange traded fund’s stock valued at $688,720,000 after buying an additional 426,218 shares during the period. Finally, PNC Financial Services Group Inc. lifted its stake in iShares Russell 1000 Value ETF by 4.3% during the 4th quarter. PNC Financial Services Group Inc. now owns 3,386,955 shares of the exchange traded fund’s stock worth $627,027,000 after acquiring an additional 139,689 shares in the last quarter.

iShares Russell 1000 Value ETF Price Performance

NYSEARCA IWD opened at $186.27 on Monday. The company has a market cap of $60.25 billion, a P/E ratio of 19.31 and a beta of 0.97. The stock has a 50-day moving average of $191.37 and a two-hundred day moving average of $190.87. iShares Russell 1000 Value ETF has a 1-year low of $168.85 and a 1-year high of $200.42.

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).