iShares Russell 1000 Value ETF $IWD Holdings Cut by Northeast Investment Management

Northeast Investment Management trimmed its position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 33.1% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 10,088 shares of the exchange traded fund’s stock after selling 4,984 shares during the period. Northeast Investment Management’s holdings in iShares Russell 1000 Value ETF were worth $2,501,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Greenleaf Trust raised its position in shares of iShares Russell 1000 Value ETF by 20,660.3% in the second quarter. Greenleaf Trust now owns 1,491,213 shares of the exchange traded fund’s stock worth $116,166,000 after buying an additional 1,484,030 shares in the last quarter. Stairway Partners LLC bought a new stake in iShares Russell 1000 Value ETF during the third quarter valued at $326,735,000. Fifth Third Bancorp grew its position in iShares Russell 1000 Value ETF by 324.3% during the first quarter. Fifth Third Bancorp now owns 1,191,768 shares of the exchange traded fund’s stock worth $254,645,000 after buying an additional 910,889 shares in the last quarter. Oakworth Capital Inc. purchased a new position in iShares Russell 1000 Value ETF during the third quarter worth about $217,500,000. Finally, Marquette Asset Management LLC purchased a new position in iShares Russell 1000 Value ETF during the third quarter worth about $98,365,000. 84.93% of the stock is owned by institutional investors.

iShares Russell 1000 Value ETF Stock Up 2.6%

Shares of NYSEARCA IWD opened at $265.30 on Thursday. The stock’s 50-day simple moving average is $254.98 and its two-hundred day simple moving average is $238.76. iShares Russell 1000 Value ETF has a twelve month low of $199.79 and a twelve month high of $265.58. The firm has a market capitalization of $85.35 billion, a P/E ratio of 18.83 and a beta of 0.84.

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). 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.