iShares Russell 1000 Value ETF (NYSEARCA:IWD) Shares Sold by Towercrest Capital Management

Towercrest Capital Management lessened its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 11.0% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 2,753 shares of the exchange traded fund’s stock after selling 340 shares during the period. Towercrest Capital Management’s holdings in iShares Russell 1000 Value ETF were worth $510,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently bought and sold shares of the business. Raymond James Financial Inc. purchased a new stake in iShares Russell 1000 Value ETF during the 4th quarter valued at about $972,637,000. M&T Bank Corp grew its stake in iShares Russell 1000 Value ETF by 4.9% during the 4th quarter. M&T Bank Corp now owns 3,720,837 shares of the exchange traded fund’s stock valued at $688,838,000 after acquiring an additional 173,058 shares in the last quarter. LPL Financial LLC grew its stake in iShares Russell 1000 Value ETF by 12.9% during the 4th quarter. LPL Financial LLC now owns 3,720,195 shares of the exchange traded fund’s stock valued at $688,720,000 after acquiring an additional 426,218 shares in the last quarter. PNC Financial Services Group Inc. grew its stake in iShares Russell 1000 Value ETF by 4.3% during the 4th quarter. PNC Financial Services Group Inc. now owns 3,386,955 shares of the exchange traded fund’s stock valued at $627,027,000 after acquiring an additional 139,689 shares in the last quarter. Finally, Synovus Financial Corp grew its stake in iShares Russell 1000 Value ETF by 1.2% during the 3rd quarter. Synovus Financial Corp now owns 2,848,914 shares of the exchange traded fund’s stock valued at $540,724,000 after acquiring an additional 34,700 shares in the last quarter.

iShares Russell 1000 Value ETF Price Performance

iShares Russell 1000 Value ETF stock opened at $187.15 on Monday. The firm has a 50 day simple moving average of $191.35 and a 200-day simple moving average of $190.70. iShares Russell 1000 Value ETF has a 1-year low of $168.85 and a 1-year high of $200.42. The stock has a market cap of $60.53 billion, a price-to-earnings ratio of 19.31 and a beta of 0.97.

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).