Highland Capital Management LLC Reduces Holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Highland Capital Management LLC lowered its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 2.1% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 22,922 shares of the exchange traded fund’s stock after selling 494 shares during the quarter. Highland Capital Management LLC’s holdings in iShares Russell 1000 Value ETF were worth $4,351,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of the stock. Envestnet Asset Management Inc. grew its holdings in shares of iShares Russell 1000 Value ETF by 0.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 6,320,932 shares of the exchange traded fund’s stock worth $1,102,813,000 after acquiring an additional 37,236 shares during the period. Raymond James & Associates grew its stake in iShares Russell 1000 Value ETF by 0.6% in the third quarter. Raymond James & Associates now owns 3,666,344 shares of the exchange traded fund’s stock worth $695,872,000 after purchasing an additional 22,295 shares during the period. LPL Financial LLC raised its holdings in iShares Russell 1000 Value ETF by 2.5% in the second quarter. LPL Financial LLC now owns 3,270,780 shares of the exchange traded fund’s stock worth $570,653,000 after purchasing an additional 80,301 shares in the last quarter. International Assets Investment Management LLC lifted its position in iShares Russell 1000 Value ETF by 20,632.6% during the third quarter. International Assets Investment Management LLC now owns 1,407,533 shares of the exchange traded fund’s stock valued at $267,150,000 after buying an additional 1,400,744 shares during the period. Finally, Cetera Investment Advisers lifted its position in iShares Russell 1000 Value ETF by 162.1% during the first quarter. Cetera Investment Advisers now owns 1,223,017 shares of the exchange traded fund’s stock valued at $219,055,000 after buying an additional 756,464 shares during the period.

iShares Russell 1000 Value ETF Price Performance

NYSEARCA:IWD opened at $189.27 on Friday. The firm’s 50-day moving average price is $187.86 and its 200-day moving average price is $180.11. The company has a market capitalization of $59.29 billion, a PE 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 $193.77.

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).