Kovitz Investment Group Partners LLC Sells 3,965 Shares of iShares Russell 1000 Value ETF $IWD

Kovitz Investment Group Partners LLC cut its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 0.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 916,955 shares of the exchange traded fund’s stock after selling 3,965 shares during the quarter. iShares Russell 1000 Value ETF makes up about 0.7% of Kovitz Investment Group Partners LLC’s portfolio, making the stock its 27th largest position. Kovitz Investment Group Partners LLC’s holdings in iShares Russell 1000 Value ETF were worth $186,683,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of IWD. SilverOak Wealth Management LLC raised its holdings in shares of iShares Russell 1000 Value ETF by 0.4% during the third quarter. SilverOak Wealth Management LLC now owns 11,234 shares of the exchange traded fund’s stock valued at $2,287,000 after purchasing an additional 50 shares during the period. Crestwood Advisors Group LLC increased its position in iShares Russell 1000 Value ETF by 1.7% in the 2nd quarter. Crestwood Advisors Group LLC now owns 3,159 shares of the exchange traded fund’s stock valued at $614,000 after buying an additional 52 shares in the last quarter. Rathbones Group PLC raised its stake in iShares Russell 1000 Value ETF by 3.0% during the 2nd quarter. Rathbones Group PLC now owns 1,799 shares of the exchange traded fund’s stock worth $349,000 after buying an additional 52 shares during the period. JFG Wealth Management LLC raised its stake in iShares Russell 1000 Value ETF by 0.4% during the 3rd quarter. JFG Wealth Management LLC now owns 12,218 shares of the exchange traded fund’s stock worth $2,487,000 after buying an additional 53 shares during the period. Finally, Golden Road Advisors LLC boosted its holdings in iShares Russell 1000 Value ETF by 1.3% in the second quarter. Golden Road Advisors LLC now owns 4,137 shares of the exchange traded fund’s stock worth $804,000 after acquiring an additional 54 shares in the last quarter. 84.93% of the stock is owned by institutional investors.

iShares Russell 1000 Value ETF Stock Performance

Shares of iShares Russell 1000 Value ETF stock opened at $225.27 on Friday. The stock has a market capitalization of $70.18 billion, a PE ratio of 18.83 and a beta of 0.89. iShares Russell 1000 Value ETF has a 52 week low of $163.19 and a 52 week high of $226.39. The stock has a 50 day moving average price of $217.58 and a two-hundred day moving average price of $208.39.

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.