Matrix Asset Advisors Inc. NY Sells 430 Shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Matrix Asset Advisors Inc. NY trimmed its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 6.5% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 6,200 shares of the exchange traded fund’s stock after selling 430 shares during the quarter. Matrix Asset Advisors Inc. NY’s holdings in iShares Russell 1000 Value ETF were worth $1,167,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Bedel Financial Consulting Inc. lifted its position in iShares Russell 1000 Value ETF by 1.3% in the fourth quarter. Bedel Financial Consulting Inc. now owns 4,404 shares of the exchange traded fund’s stock worth $856,000 after buying an additional 57 shares during the last quarter. Texas Capital Bank Wealth Management Services Inc lifted its position in shares of iShares Russell 1000 Value ETF by 1.2% during the fourth quarter. Texas Capital Bank Wealth Management Services Inc now owns 5,294 shares of the exchange traded fund’s stock worth $980,000 after purchasing an additional 63 shares during the last quarter. Bond & Devick Financial Network Inc. lifted its position in shares of iShares Russell 1000 Value ETF by 0.6% during the first quarter. Bond & Devick Financial Network Inc. now owns 10,592 shares of the exchange traded fund’s stock worth $1,993,000 after purchasing an additional 63 shares during the last quarter. Harbor Investment Advisory LLC lifted its position in shares of iShares Russell 1000 Value ETF by 0.3% during the first quarter. Harbor Investment Advisory LLC now owns 19,548 shares of the exchange traded fund’s stock worth $3,678,000 after purchasing an additional 63 shares during the last quarter. Finally, Virtue Capital Management LLC lifted its position in shares of iShares Russell 1000 Value ETF by 1.6% during the fourth quarter. Virtue Capital Management LLC now owns 4,104 shares of the exchange traded fund’s stock worth $760,000 after purchasing an additional 65 shares during the last quarter.

iShares Russell 1000 Value ETF Trading Up 0.2%

NYSEARCA:IWD opened at $189.42 on Friday. iShares Russell 1000 Value ETF has a twelve month low of $163.19 and a twelve month high of $200.42. The company has a market cap of $60.82 billion, a price-to-earnings ratio of 19.08 and a beta of 0.90. The stock has a fifty day simple moving average of $185.71 and a 200-day simple moving average of $187.53.

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).