Oppenheimer Asset Management Inc. cut its stake in iShares Russell 1000 Value Index (NYSEARCA:IWD) by 9.2% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 63,199 shares of the exchange traded fund’s stock after selling 6,396 shares during the quarter. Oppenheimer Asset Management Inc.’s holdings in iShares Russell 1000 Value Index were worth $7,490,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. BDO Wealth Advisors LLC purchased a new position in iShares Russell 1000 Value Index in the 2nd quarter worth approximately $109,000. Moisand Fitzgerald Tamayo LLC purchased a new position in iShares Russell 1000 Value Index in the 3rd quarter worth approximately $112,000. Vestor Capital LLC purchased a new position in iShares Russell 1000 Value Index in the 2nd quarter worth approximately $131,000. Farmers National Bank lifted its stake in iShares Russell 1000 Value Index by 26.1% in the 2nd quarter. Farmers National Bank now owns 1,410 shares of the exchange traded fund’s stock worth $164,000 after purchasing an additional 292 shares in the last quarter. Finally, Hanson McClain Inc. lifted its stake in iShares Russell 1000 Value Index by 14.8% in the 2nd 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 in the last quarter.

iShares Russell 1000 Value Index (IWD) traded up $0.57 on Friday, reaching $123.37. 1,882,000 shares of the company’s stock were exchanged, compared to its average volume of 1,991,117. iShares Russell 1000 Value Index has a twelve month low of $111.60 and a twelve month high of $124.58.

COPYRIGHT VIOLATION NOTICE: “Oppenheimer Asset Management Inc. Decreases Position in iShares Russell 1000 Value Index (IWD)” was reported by The Cerbat Gem and is owned by of The Cerbat Gem. If you are viewing this piece of content on another publication, it was stolen and republished in violation of international trademark & copyright legislation. The legal version of this piece of content can be read at https://www.thecerbatgem.com/2017/12/08/oppenheimer-asset-management-inc-decreases-position-in-ishares-russell-1000-value-index-iwd.html.

iShares Russell 1000 Value Index 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).

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

Receive News & Stock Ratings for iShares Russell 1000 Value Index Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Russell 1000 Value Index and related stocks with our FREE daily email newsletter.