Corient Private Wealth LP lowered its holdings in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD – Free Report) by 42.9% in the 2nd quarter, Holdings Channel.com reports. The firm owned 446,355 shares of the exchange traded fund’s stock after selling 335,571 shares during the quarter. Corient Private Wealth LP’s holdings in iShares Russell 1000 Value ETF were worth $108,210,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also made changes to their positions in IWD. Timbuktu Capital Management LLC bought a new stake in shares of iShares Russell 1000 Value ETF in the 2nd quarter worth about $25,000. Markowski Investments bought a new position in shares of iShares Russell 1000 Value ETF in the 2nd quarter valued at about $28,000. IFC & Insurance Marketing Inc. purchased a new position in iShares Russell 1000 Value ETF in the fourth quarter worth about $28,000. MBM Wealth Consultants LLC purchased a new position in iShares Russell 1000 Value ETF in the first quarter worth about $29,000. Finally, C M Bidwell & Associates Ltd. bought a new stake in iShares Russell 1000 Value ETF during the second quarter worth approximately $30,000. 84.93% of the stock is owned by hedge funds and other institutional investors.
iShares Russell 1000 Value ETF Price Performance
Shares of IWD stock opened at $255.58 on Friday. iShares Russell 1000 Value ETF has a 1 year low of $199.40 and a 1 year high of $260.19. The stock’s 50 day simple moving average is $253.48 and its two-hundred day simple moving average is $237.50. The company has a market cap of $83.04 billion, a PE ratio of 18.83 and a beta of 0.83.
iShares Russell 1000 Value ETF Company 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.
Further Reading
- Five stocks we like better than iShares Russell 1000 Value ETF
- Block Makes a Federal Trust Bank Move That Could Reshape Its Fintech Model
- Kroger’s Textbook Entry for Buy-and-Hold Investors
- AST SpaceMobile Looks to Extend Its 30-Day FCC Satellite Testing Window
- Amgen Drops 10% on a Trial It Didn’t Even Run
Want to see what other hedge funds are holding IWD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Russell 1000 Value ETF (NYSEARCA:IWD – Free Report).
Receive News & Ratings for iShares Russell 1000 Value ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Russell 1000 Value ETF and related companies with MarketBeat.com's FREE daily email newsletter.
