Wetherby Asset Management Inc. lowered its stake in shares of iShares Russell 1000 Value Index (NYSE:IWD) by 11.0% during the second quarter, Holdings Channel reports. The firm owned 5,420 shares of the exchange traded fund’s stock after selling 672 shares during the period. Wetherby Asset Management Inc.’s holdings in iShares Russell 1000 Value Index were worth $631,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. Harbour Capital Advisors LLC increased its position in iShares Russell 1000 Value Index by 11,211.2% in the second quarter. Harbour Capital Advisors LLC now owns 4,902,285 shares of the exchange traded fund’s stock valued at $42,105,000 after buying an additional 4,858,945 shares during the period. Park Avenue Securities LLC acquired a new position in iShares Russell 1000 Value Index during the second quarter valued at $39,308,000. Sei Investments Co. increased its position in iShares Russell 1000 Value Index by 9,236.0% in the second quarter. Sei Investments Co. now owns 254,499 shares of the exchange traded fund’s stock valued at $29,632,000 after buying an additional 251,773 shares during the period. Puplava Financial Services Inc. increased its position in iShares Russell 1000 Value Index by 61.1% in the second quarter. Puplava Financial Services Inc. now owns 116,074 shares of the exchange traded fund’s stock valued at $13,514,000 after buying an additional 44,039 shares during the period. Finally, 1ST Source Bank increased its position in iShares Russell 1000 Value Index by 3.2% in the second quarter. 1ST Source Bank now owns 626,233 shares of the exchange traded fund’s stock valued at $72,912,000 after buying an additional 19,129 shares during the period.

iShares Russell 1000 Value Index (IWD) opened at 115.26 on Friday. The firm’s 50-day moving average is $116.52 and its 200 day moving average is $115.45. iShares Russell 1000 Value Index has a 12-month low of $102.07 and a 12-month high of $121.24.

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About iShares Russell 1000 Value Index

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).

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Institutional Ownership by Quarter for iShares Russell 1000 Value Index (NYSE:IWD)

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