London Co. of Virginia Sells 130,307 Shares of iShares Russell 1000 Value ETF $IWD

London Co. of Virginia cut its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 92.5% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 10,557 shares of the exchange traded fund’s stock after selling 130,307 shares during the period. London Co. of Virginia’s holdings in iShares Russell 1000 Value ETF were worth $2,256,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Personal CFO Solutions LLC acquired a new position in shares of iShares Russell 1000 Value ETF in the 4th quarter worth approximately $1,539,000. Brown Miller Wealth Management LLC acquired a new stake in iShares Russell 1000 Value ETF during the 4th quarter valued at $1,213,000. Massachusetts Financial Services Co. MA raised its position in iShares Russell 1000 Value ETF by 121.8% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 190,793 shares of the exchange traded fund’s stock valued at $40,131,000 after purchasing an additional 104,778 shares during the last quarter. Beacon Investment Advisory Services Inc. raised its position in iShares Russell 1000 Value ETF by 1,036.3% in the 4th quarter. Beacon Investment Advisory Services Inc. now owns 24,181 shares of the exchange traded fund’s stock valued at $5,086,000 after purchasing an additional 22,053 shares during the last quarter. Finally, Oakworth Capital Inc. boosted its stake in iShares Russell 1000 Value ETF by 3.2% in the fourth quarter. Oakworth Capital Inc. now owns 835,036 shares of the exchange traded fund’s stock worth $175,641,000 after purchasing an additional 25,803 shares in the last quarter. Institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Stock Performance

Shares of IWD stock opened at $248.24 on Monday. The stock’s fifty day moving average is $241.98 and its 200-day moving average is $228.84. The stock has a market capitalization of $81.11 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 $250.50.

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.