World Investment Advisors Sells 6,713 Shares of iShares Russell 1000 Value ETF $IWD

World Investment Advisors decreased its position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 34.8% during the first quarter, according to its most recent filing with the SEC. The firm owned 12,569 shares of the exchange traded fund’s stock after selling 6,713 shares during the period. World Investment Advisors’ holdings in iShares Russell 1000 Value ETF were worth $2,686,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Bank of America Corp DE grew its stake in iShares Russell 1000 Value ETF by 5.4% in the fourth quarter. Bank of America Corp DE now owns 52,256,616 shares of the exchange traded fund’s stock worth $10,991,657,000 after purchasing an additional 2,686,078 shares during the period. Morgan Stanley lifted its position in iShares Russell 1000 Value ETF by 9.0% during the fourth quarter. Morgan Stanley now owns 39,663,587 shares of the exchange traded fund’s stock valued at $8,342,840,000 after buying an additional 3,280,476 shares during the period. Goldman Sachs Group Inc. lifted its position in iShares Russell 1000 Value ETF by 0.8% during the fourth quarter. Goldman Sachs Group Inc. now owns 11,414,192 shares of the exchange traded fund’s stock valued at $2,400,861,000 after buying an additional 85,365 shares during the period. JPMorgan Chase & Co. boosted its holdings in shares of iShares Russell 1000 Value ETF by 3.8% during the 4th quarter. JPMorgan Chase & Co. now owns 9,251,710 shares of the exchange traded fund’s stock valued at $1,946,005,000 after buying an additional 338,948 shares in the last quarter. Finally, Wells Fargo & Company MN boosted its holdings in shares of iShares Russell 1000 Value ETF by 20.3% during the 4th quarter. Wells Fargo & Company MN now owns 5,895,769 shares of the exchange traded fund’s stock valued at $1,240,116,000 after buying an additional 995,230 shares in the last quarter. Institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Stock Performance

Shares of iShares Russell 1000 Value ETF stock traded up $1.27 during trading on Tuesday, hitting $248.51. The company’s stock had a trading volume of 336,137 shares, compared to its average volume of 3,207,792. The company has a fifty day simple moving average of $237.24 and a two-hundred day simple moving average of $225.04. The company has a market capitalization of $81.50 billion, a PE ratio of 18.83 and a beta of 0.84. iShares Russell 1000 Value ETF has a 52 week low of $191.64 and a 52 week high of $249.26.

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.