iShares Russell 1000 Value ETF $IWD Shares Sold by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. cut its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 91.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 38,760 shares of the exchange traded fund’s stock after selling 417,371 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in iShares Russell 1000 Value ETF were worth $8,153,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. 1ST Source Bank raised its holdings in iShares Russell 1000 Value ETF by 1.3% during the third quarter. 1ST Source Bank now owns 686,114 shares of the exchange traded fund’s stock worth $139,686,000 after purchasing an additional 8,737 shares in the last quarter. Cullen Frost Bankers Inc. raised its holdings in iShares Russell 1000 Value ETF by 0.8% during the third quarter. Cullen Frost Bankers Inc. now owns 379,841 shares of the exchange traded fund’s stock worth $77,332,000 after purchasing an additional 2,894 shares in the last quarter. Caprock Group LLC acquired a new stake in iShares Russell 1000 Value ETF in the third quarter valued at $3,803,000. Claro Advisors LLC lifted its holdings in iShares Russell 1000 Value ETF by 21.2% in the third quarter. Claro Advisors LLC now owns 101,709 shares of the exchange traded fund’s stock valued at $20,707,000 after acquiring an additional 17,760 shares during the period. Finally, Focus Partners Advisor Solutions LLC boosted its position in shares of iShares Russell 1000 Value ETF by 32.6% during the 3rd quarter. Focus Partners Advisor Solutions LLC now owns 25,923 shares of the exchange traded fund’s stock worth $5,308,000 after purchasing an additional 6,380 shares in the last quarter. 84.93% of the stock is owned by institutional investors and hedge funds.

iShares Russell 1000 Value ETF Stock Performance

Shares of NYSEARCA IWD opened at $236.32 on Friday. The firm has a market capitalization of $75.91 billion, a P/E ratio of 18.83 and a beta of 0.84. iShares Russell 1000 Value ETF has a one year low of $184.69 and a one year high of $237.01. The company’s fifty day moving average is $223.62 and its two-hundred day moving average is $217.82.

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). The Index represents approximately 50% of the total market capitalization of the Russell 1000 Index. The Index measures the large-capital value sector of the United States equity market.