Janney Montgomery Scott LLC Decreases Stock Holdings in iShares Russell 1000 Value ETF $IWD

Janney Montgomery Scott LLC lowered its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 16.3% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 272,858 shares of the exchange traded fund’s stock after selling 53,177 shares during the quarter. Janney Montgomery Scott LLC owned about 0.08% of iShares Russell 1000 Value ETF worth $58,302,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Morgan Stanley boosted its holdings in shares of iShares Russell 1000 Value ETF by 9.0% in the 4th quarter. Morgan Stanley now owns 39,663,587 shares of the exchange traded fund’s stock valued at $8,342,840,000 after buying an additional 3,280,476 shares in the last quarter. Bank of America Corp DE raised its stake in shares of iShares Russell 1000 Value ETF by 5.4% during the 4th quarter. Bank of America Corp DE now owns 52,256,616 shares of the exchange traded fund’s stock worth $10,991,657,000 after acquiring an additional 2,686,078 shares in the last quarter. 71 West Capital Partners purchased a new stake in iShares Russell 1000 Value ETF during the fourth quarter valued at approximately $240,065,000. Wells Fargo & Company MN lifted its position in iShares Russell 1000 Value ETF by 20.3% during the fourth quarter. Wells Fargo & Company MN now owns 5,895,769 shares of the exchange traded fund’s stock valued at $1,240,116,000 after acquiring an additional 995,230 shares during the last quarter. Finally, Focus Partners Wealth boosted its stake in iShares Russell 1000 Value ETF by 151.8% in the fourth quarter. Focus Partners Wealth now owns 1,412,808 shares of the exchange traded fund’s stock valued at $297,152,000 after acquiring an additional 851,770 shares in the last quarter. Hedge funds and other institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Stock Performance

NYSEARCA IWD opened at $242.76 on Monday. The firm’s fifty day simple moving average is $235.43 and its two-hundred day simple moving average is $223.88. iShares Russell 1000 Value ETF has a 12-month low of $191.64 and a 12-month high of $245.71. The firm has a market capitalization of $77.97 billion, a P/E ratio of 18.83 and a beta of 0.84.

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). 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.