Sand Hill Global Advisors LLC Sells 341 Shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Sand Hill Global Advisors LLC trimmed its position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 10.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,862 shares of the exchange traded fund’s stock after selling 341 shares during the quarter. Sand Hill Global Advisors LLC’s holdings in iShares Russell 1000 Value ETF were worth $473,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Jones Financial Companies Lllp raised its holdings in shares of iShares Russell 1000 Value ETF by 0.9% during the third quarter. Jones Financial Companies Lllp now owns 8,735,247 shares of the exchange traded fund’s stock worth $1,326,185,000 after acquiring an additional 77,652 shares during the period. UBS Group AG raised its holdings in shares of iShares Russell 1000 Value ETF by 6.4% during the fourth quarter. UBS Group AG now owns 7,412,758 shares of the exchange traded fund’s stock worth $1,224,958,000 after acquiring an additional 444,862 shares during the period. Pathstone Family Office LLC increased its stake in iShares Russell 1000 Value ETF by 2,323.4% in the 3rd quarter. Pathstone Family Office LLC now owns 5,038,517 shares of the exchange traded fund’s stock valued at $764,948,000 after buying an additional 4,830,607 shares during the last quarter. Wells Fargo & Company MN increased its stake in iShares Russell 1000 Value ETF by 14.1% in the 4th quarter. Wells Fargo & Company MN now owns 4,909,518 shares of the exchange traded fund’s stock valued at $811,298,000 after buying an additional 608,062 shares during the last quarter. Finally, Synovus Financial Corp increased its stake in iShares Russell 1000 Value ETF by 2.5% in the 3rd quarter. Synovus Financial Corp now owns 4,824,149 shares of the exchange traded fund’s stock valued at $732,408,000 after buying an additional 117,900 shares during the last quarter.

iShares Russell 1000 Value ETF Price Performance

IWD stock traded down $1.10 during midday trading on Thursday, hitting $177.03. The company’s stock had a trading volume of 351,477 shares, compared to its average volume of 1,956,469. iShares Russell 1000 Value ETF has a twelve month low of $143.34 and a twelve month high of $179.56. The company’s fifty day moving average price is $175.13 and its 200 day moving average price is $167.61. The stock has a market capitalization of $55.45 billion, a P/E ratio of 17.81 and a beta of 0.77.

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).