iShares Russell 1000 Value ETF $IWD Shares Sold by Morton Capital Management LLC CA

Morton Capital Management LLC CA trimmed its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 5.7% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 42,478 shares of the exchange traded fund’s stock after selling 2,583 shares during the quarter. iShares Russell 1000 Value ETF makes up 1.3% of Morton Capital Management LLC CA’s holdings, making the stock its 13th largest holding. Morton Capital Management LLC CA’s holdings in iShares Russell 1000 Value ETF were worth $10,532,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently modified their holdings of IWD. Citizens Financial Group Inc. RI purchased a new position in iShares Russell 1000 Value ETF in the 3rd quarter worth about $9,780,000. Anderson Hoagland & Co. purchased a new stake in iShares Russell 1000 Value ETF during the third quarter valued at about $1,343,000. Simplicity Wealth LLC lifted its stake in iShares Russell 1000 Value ETF by 9.6% during the third quarter. Simplicity Wealth LLC now owns 21,102 shares of the exchange traded fund’s stock valued at $5,232,000 after buying an additional 1,847 shares in the last quarter. NTV Asset Management LLC acquired a new position in shares of iShares Russell 1000 Value ETF in the third quarter worth about $3,673,000. Finally, Sowell Financial Services LLC acquired a new position in shares of iShares Russell 1000 Value ETF in the third quarter worth about $8,960,000. 84.93% of the stock is owned by institutional investors and hedge funds.

iShares Russell 1000 Value ETF Price Performance

Shares of IWD opened at $257.42 on Friday. The company has a 50-day moving average of $254.61 and a two-hundred day moving average of $244.98. The stock has a market cap of $84.23 billion, a price-to-earnings ratio of 18.83 and a beta of 0.84. iShares Russell 1000 Value ETF has a one year low of $199.79 and a one year high of $260.19.

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.