iShares Russell 1000 Value ETF (NYSEARCA:IWD) Shares Sold by First Foundation Advisors

First Foundation Advisors trimmed its position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 2.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 5,738 shares of the exchange traded fund’s stock after selling 116 shares during the quarter. First Foundation Advisors’ holdings in iShares Russell 1000 Value ETF were worth $1,062,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of IWD. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new position in iShares Russell 1000 Value ETF in the third quarter valued at approximately $5,073,000. TCW Group Inc. acquired a new position in shares of iShares Russell 1000 Value ETF in the 3rd quarter valued at $2,724,000. McIlrath & Eck LLC raised its stake in iShares Russell 1000 Value ETF by 18.0% during the 3rd quarter. McIlrath & Eck LLC now owns 2,037 shares of the exchange traded fund’s stock worth $387,000 after acquiring an additional 311 shares in the last quarter. Advisory Resource Group lifted its position in iShares Russell 1000 Value ETF by 6.7% in the third quarter. Advisory Resource Group now owns 35,323 shares of the exchange traded fund’s stock valued at $6,704,000 after acquiring an additional 2,220 shares during the last quarter. Finally, Tudor Financial Inc. acquired a new position in iShares Russell 1000 Value ETF in the third quarter valued at $594,000.

iShares Russell 1000 Value ETF Stock Performance

IWD opened at $173.45 on Friday. iShares Russell 1000 Value ETF has a one year low of $163.19 and a one year high of $200.42. The stock has a market capitalization of $57.04 billion, a P/E ratio of 19.48 and a beta of 0.90. The business’s 50-day simple moving average is $187.83 and its 200-day simple moving average is $190.03.

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).