Mather Group LLC. Sells 3,812 Shares of iShares Russell 1000 Value ETF $IWD

Mather Group LLC. lessened its holdings in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 7.4% during the fourth quarter, HoldingsChannel.com reports. The firm owned 47,625 shares of the exchange traded fund’s stock after selling 3,812 shares during the quarter. Mather Group LLC.’s holdings in iShares Russell 1000 Value ETF were worth $10,018,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. SMI Advisory Services LLC acquired a new stake in shares of iShares Russell 1000 Value ETF in the fourth quarter valued at approximately $55,463,000. Stablepoint Partners LLC grew its position in iShares Russell 1000 Value ETF by 13.8% during the fourth quarter. Stablepoint Partners LLC now owns 2,473 shares of the exchange traded fund’s stock worth $520,000 after buying an additional 299 shares in the last quarter. Stableford Capital II LLC grew its position in iShares Russell 1000 Value ETF by 51.9% during the fourth quarter. Stableford Capital II LLC now owns 9,186 shares of the exchange traded fund’s stock worth $1,932,000 after buying an additional 3,138 shares in the last quarter. Signal Advisors Wealth LLC increased its stake in iShares Russell 1000 Value ETF by 11.7% during the 4th quarter. Signal Advisors Wealth LLC now owns 2,959 shares of the exchange traded fund’s stock worth $622,000 after acquiring an additional 310 shares during the period. Finally, Ferguson Wellman Capital Management Inc. increased its stake in iShares Russell 1000 Value ETF by 20.6% during the 4th quarter. Ferguson Wellman Capital Management Inc. now owns 26,389 shares of the exchange traded fund’s stock worth $5,551,000 after acquiring an additional 4,513 shares during the period. 84.93% of the stock is owned by institutional investors.

iShares Russell 1000 Value ETF Price Performance

Shares of NYSEARCA IWD opened at $212.51 on Friday. The business has a fifty day moving average price of $220.08 and a two-hundred day moving average price of $211.53. The stock has a market capitalization of $66.21 billion, a PE ratio of 18.83 and a beta of 0.89. iShares Russell 1000 Value ETF has a fifty-two week low of $163.19 and a fifty-two week high of $226.39.

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.