iShares Russell 1000 Value ETF (NYSEARCA:IWD) Shares Sold by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC reduced its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 1.1% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 750,245 shares of the exchange traded fund’s stock after selling 8,619 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in iShares Russell 1000 Value ETF were worth $134,376,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of IWD. GLOBALT Investments LLC GA acquired a new position in shares of iShares Russell 1000 Value ETF during the fourth quarter worth $330,977,000. Envestnet Asset Management Inc. increased its holdings in shares of iShares Russell 1000 Value ETF by 21.8% in the 4th quarter. Envestnet Asset Management Inc. now owns 7,166,594 shares of the exchange traded fund’s stock valued at $1,184,280,000 after acquiring an additional 1,282,817 shares during the last quarter. International Assets Investment Management LLC raised its position in shares of iShares Russell 1000 Value ETF by 15,667.6% during the 4th quarter. International Assets Investment Management LLC now owns 1,258,097 shares of the exchange traded fund’s stock worth $207,901,000 after acquiring an additional 1,250,118 shares in the last quarter. Comerica Bank purchased a new stake in iShares Russell 1000 Value ETF during the third quarter worth approximately $147,633,000. Finally, Alaska Permanent Fund Corp boosted its holdings in iShares Russell 1000 Value ETF by 85.8% in the first quarter. Alaska Permanent Fund Corp now owns 1,929,517 shares of the exchange traded fund’s stock valued at $345,596,000 after purchasing an additional 890,764 shares in the last quarter.

iShares Russell 1000 Value ETF Stock Performance

IWD stock traded up $0.03 during midday trading on Thursday, reaching $174.32. 781,711 shares of the company were exchanged, compared to its average volume of 1,865,754. The company has a market cap of $54.61 billion, a price-to-earnings ratio of 17.81 and a beta of 0.77. iShares Russell 1000 Value ETF has a 1-year low of $143.34 and a 1-year high of $179.56. The stock’s 50-day simple moving average is $174.96 and its 200 day simple moving average is $171.15.

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).