Franklin Resources Inc. reduced its position in iShares Russell 1000 Value Index (NYSE:IWD) by 5.9% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,377,924 shares of the exchange traded fund’s stock after selling 85,935 shares during the quarter. Franklin Resources Inc.’s holdings in iShares Russell 1000 Value Index were worth $160,432,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. BDO Wealth Advisors LLC bought a new position in iShares Russell 1000 Value Index in the second quarter worth $109,000. Hanson McClain Inc. lifted its position in iShares Russell 1000 Value Index by 14.8% in the second quarter. Hanson McClain Inc. now owns 1,663 shares of the exchange traded fund’s stock worth $194,000 after purchasing an additional 215 shares during the period. Gibson Capital LLC lifted its position in iShares Russell 1000 Value Index by 22.9% in the second quarter. Gibson Capital LLC now owns 2,146 shares of the exchange traded fund’s stock worth $247,000 after purchasing an additional 400 shares during the period. Honkamp Krueger Financial Services Inc. lifted its position in iShares Russell 1000 Value Index by 23.3% in the second quarter. Honkamp Krueger Financial Services Inc. now owns 2,157 shares of the exchange traded fund’s stock worth $251,000 after purchasing an additional 408 shares during the period. Finally, Accredited Investors Inc. lifted its position in iShares Russell 1000 Value Index by 11.3% in the second quarter. Accredited Investors Inc. now owns 2,238 shares of the exchange traded fund’s stock worth $261,000 after purchasing an additional 228 shares during the period.

iShares Russell 1000 Value Index (IWD) opened at 115.23 on Friday. iShares Russell 1000 Value Index has a 12 month low of $102.07 and a 12 month high of $121.24. The company has a 50-day moving average price of $116.01 and a 200 day moving average price of $115.64.

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About iShares Russell 1000 Value Index

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).

Institutional Ownership by Quarter for iShares Russell 1000 Value Index (NYSE:IWD)

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