Marquette Asset Management LLC Has $7.11 Million Stock Holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Marquette Asset Management LLC cut its holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 8.2% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 43,044 shares of the exchange traded fund’s stock after selling 3,845 shares during the quarter. iShares Russell 1000 Value ETF comprises approximately 1.3% of Marquette Asset Management LLC’s portfolio, making the stock its 14th largest holding. Marquette Asset Management LLC’s holdings in iShares Russell 1000 Value ETF were worth $7,113,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in IWD. Headinvest LLC acquired a new stake in iShares Russell 1000 Value ETF in the third quarter worth about $29,000. Peachtree Investment Partners LLC increased its position in iShares Russell 1000 Value ETF by 84.8% in the third quarter. Peachtree Investment Partners LLC now owns 194 shares of the exchange traded fund’s stock worth $30,000 after purchasing an additional 89 shares during the period. BluePath Capital Management LLC acquired a new stake in iShares Russell 1000 Value ETF in the third quarter worth about $36,000. Federated Hermes Inc. acquired a new stake in iShares Russell 1000 Value ETF in the fourth quarter worth about $42,000. Finally, OLD Second National Bank of Aurora acquired a new stake in iShares Russell 1000 Value ETF in the third quarter worth about $43,000.

iShares Russell 1000 Value ETF Stock Down 0.1 %

IWD stock traded down $0.15 during midday trading on Friday, reaching $173.05. The stock had a trading volume of 1,773,243 shares, compared to its average volume of 2,156,531. The business has a fifty day simple moving average of $173.68 and a two-hundred day simple moving average of $164.16. The firm has a market cap of $54.23 billion, a price-to-earnings ratio of 17.74 and a beta of 0.80. iShares Russell 1000 Value ETF has a twelve month low of $143.34 and a twelve month high of $179.56.

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).