Anchor Capital Advisors LLC Sells 82,972 Shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Anchor Capital Advisors LLC lowered its position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 64.1% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 46,467 shares of the exchange traded fund’s stock after selling 82,972 shares during the period. Anchor Capital Advisors LLC’s holdings in iShares Russell 1000 Value ETF were worth $7,679,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. DAVENPORT & Co LLC boosted its holdings in iShares Russell 1000 Value ETF by 5.7% in the 3rd quarter. DAVENPORT & Co LLC now owns 3,176 shares of the exchange traded fund’s stock valued at $482,000 after purchasing an additional 172 shares during the period. Brookstone Capital Management increased its holdings in shares of iShares Russell 1000 Value ETF by 12.4% in the third quarter. Brookstone Capital Management now owns 9,915 shares of the exchange traded fund’s stock worth $1,477,000 after buying an additional 1,097 shares during the period. Sheets Smith Wealth Management purchased a new position in shares of iShares Russell 1000 Value ETF in the third quarter worth about $52,000. RMR Wealth Builders increased its holdings in iShares Russell 1000 Value ETF by 3.1% during the 3rd quarter. RMR Wealth Builders now owns 127,105 shares of the exchange traded fund’s stock valued at $19,297,000 after purchasing an additional 3,876 shares during the period. Finally, Litman Gregory Wealth Management LLC purchased a new position in iShares Russell 1000 Value ETF during the 3rd quarter valued at about $970,000.

iShares Russell 1000 Value ETF Trading Down 0.5 %

Shares of IWD stock traded down $0.92 during midday trading on Tuesday, reaching $172.93. 434,596 shares of the stock were exchanged, compared to its average volume of 2,126,484. The company’s 50 day moving average is $173.79 and its two-hundred day moving average is $164.42. iShares Russell 1000 Value ETF has a 1 year low of $143.34 and a 1 year high of $179.56. The firm has a market cap of $54.19 billion, a PE ratio of 17.74 and a beta of 0.80.

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).