iShares Russell 1000 Value ETF (NYSEARCA:IWD) Position Reduced by Kanawha Capital Management LLC

Kanawha Capital Management LLC decreased its position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 2.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,629 shares of the exchange traded fund’s stock after selling 315 shares during the period. Kanawha Capital Management LLC’s holdings in iShares Russell 1000 Value ETF were worth $2,523,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Massachusetts Financial Services Co. MA raised its holdings in iShares Russell 1000 Value ETF by 13.0% during the third quarter. Massachusetts Financial Services Co. MA now owns 130,392 shares of the exchange traded fund’s stock worth $24,748,000 after purchasing an additional 14,966 shares in the last quarter. Wedmont Private Capital increased its holdings in shares of iShares Russell 1000 Value ETF by 49.5% in the fourth quarter. Wedmont Private Capital now owns 4,083 shares of the exchange traded fund’s stock valued at $750,000 after buying an additional 1,351 shares in the last quarter. Strategic Financial Concepts LLC increased its holdings in shares of iShares Russell 1000 Value ETF by 18,440.5% in the fourth quarter. Strategic Financial Concepts LLC now owns 420,683 shares of the exchange traded fund’s stock valued at $77,881,000 after buying an additional 418,414 shares in the last quarter. Widmann Financial Services Inc. increased its holdings in shares of iShares Russell 1000 Value ETF by 2.0% in the third quarter. Widmann Financial Services Inc. now owns 28,552 shares of the exchange traded fund’s stock valued at $5,419,000 after buying an additional 561 shares in the last quarter. Finally, Embree Financial Group increased its holdings in shares of iShares Russell 1000 Value ETF by 1.4% in the fourth quarter. Embree Financial Group now owns 6,433 shares of the exchange traded fund’s stock valued at $1,191,000 after buying an additional 86 shares in the last quarter.

iShares Russell 1000 Value ETF Stock Performance

NYSEARCA IWD opened at $194.66 on Friday. The stock has a market capitalization of $60.98 billion, a P/E ratio of 17.81 and a beta of 0.77. iShares Russell 1000 Value ETF has a 1 year low of $165.74 and a 1 year high of $200.42. The business’s fifty day moving average is $190.14 and its two-hundred day moving average is $189.09.

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).