LifePlan Financial Group Inc lessened its position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 1.7% in the fourth quarter, HoldingsChannel.com reports. The firm owned 40,725 shares of the exchange traded fund’s stock after selling 684 shares during the quarter. iShares Russell 1000 Value ETF accounts for approximately 2.8% of LifePlan Financial Group Inc’s portfolio, making the stock its 7th biggest holding. LifePlan Financial Group Inc’s holdings in iShares Russell 1000 Value ETF were worth $4,522,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in IWD. Signature Estate & Investment Advisors LLC bought a new position in iShares Russell 1000 Value ETF during the 3rd quarter valued at $103,000. NEXT Financial Group Inc purchased a new position in shares of iShares Russell 1000 Value ETF during the third quarter worth about $109,000. Belpointe Asset Management LLC bought a new stake in iShares Russell 1000 Value ETF in the 3rd quarter worth approximately $110,000. Macquarie Group Ltd. bought a new stake in iShares Russell 1000 Value ETF in the 2nd quarter worth approximately $116,000. Finally, Burt Wealth Advisors lifted its position in iShares Russell 1000 Value ETF by 151.8% in the third quarter. Burt Wealth Advisors now owns 1,327 shares of the exchange traded fund’s stock valued at $168,000 after purchasing an additional 800 shares during the last quarter.

Shares of iShares Russell 1000 Value ETF stock traded up $0.22 during midday trading on Friday, reaching $115.09. 9,750,315 shares of the company’s stock traded hands, compared to its average volume of 4,223,837. iShares Russell 1000 Value ETF has a 12 month low of $104.07 and a 12 month high of $131.56.

The company also recently declared a quarterly dividend, which was paid on Friday, December 21st. Investors of record on Tuesday, December 18th were paid a $0.8265 dividend. This represents a $3.31 annualized dividend and a yield of 2.87%. This is a boost from iShares Russell 1000 Value ETF’s previous quarterly dividend of $0.79. The ex-dividend date was Monday, December 17th.

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iShares Russell 1000 Value ETF Company 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).

Further Reading: What is Liquidity?

Want to see what other hedge funds are holding IWD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Russell 1000 Value ETF (NYSEARCA:IWD).

Institutional Ownership by Quarter for iShares Russell 1000 Value ETF (NYSEARCA:IWD)

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