Marino Stram & Associates LLC Lowers Stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Marino Stram & Associates LLC lessened its position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 3.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 2,307 shares of the exchange traded fund’s stock after selling 79 shares during the period. Marino Stram & Associates LLC’s holdings in iShares Russell 1000 Value ETF were worth $381,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Studio Investment Management LLC boosted its position in shares of iShares Russell 1000 Value ETF by 115.0% in the fourth quarter. Studio Investment Management LLC now owns 172 shares of the exchange traded fund’s stock worth $26,000 after buying an additional 92 shares during the period. Russell Investments Group Ltd. boosted its position in shares of iShares Russell 1000 Value ETF by 565.4% in the second quarter. Russell Investments Group Ltd. now owns 173 shares of the exchange traded fund’s stock worth $27,000 after buying an additional 147 shares during the period. Headinvest LLC purchased a new stake in shares of iShares Russell 1000 Value ETF in the third quarter worth about $29,000. Peachtree Investment Partners LLC boosted its position in shares of iShares Russell 1000 Value ETF by 84.8% in the third quarter. Peachtree Investment Partners LLC now owns 194 shares of the exchange traded fund’s stock worth $30,000 after buying an additional 89 shares during the period. Finally, BluePath Capital Management LLC purchased a new stake in shares of iShares Russell 1000 Value ETF in the third quarter worth about $36,000.

iShares Russell 1000 Value ETF Stock Performance

Shares of NYSEARCA:IWD traded down $0.68 during trading on Tuesday, hitting $169.94. The company’s stock had a trading volume of 2,199,940 shares, compared to its average volume of 2,168,218. iShares Russell 1000 Value ETF has a fifty-two week low of $143.34 and a fifty-two week high of $179.56. The stock’s 50-day moving average price is $172.88 and its two-hundred day moving average price is $162.89. The company has a market capitalization of $53.25 billion, a PE ratio of 17.74 and a beta of 0.80.

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).