Chesley Taft & Associates LLC Decreases Stock Holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Chesley Taft & Associates LLC trimmed its holdings in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 17.2% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 4,764 shares of the exchange traded fund’s stock after selling 988 shares during the quarter. Chesley Taft & Associates LLC’s holdings in iShares Russell 1000 Value ETF were worth $896,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of IWD. Raymond James Financial Inc. purchased a new stake in shares of iShares Russell 1000 Value ETF during the fourth quarter valued at approximately $972,637,000. Bank of America Corp DE grew its holdings in iShares Russell 1000 Value ETF by 9.5% during the fourth quarter. Bank of America Corp DE now owns 54,061,592 shares of the exchange traded fund’s stock valued at $10,008,423,000 after purchasing an additional 4,699,792 shares during the period. GAMMA Investing LLC grew its holdings in iShares Russell 1000 Value ETF by 19,297.5% during the first quarter. GAMMA Investing LLC now owns 2,586,071 shares of the exchange traded fund’s stock valued at $486,595,000 after purchasing an additional 2,572,739 shares during the period. Wells Fargo & Company MN grew its holdings in iShares Russell 1000 Value ETF by 36.6% during the fourth quarter. Wells Fargo & Company MN now owns 6,284,015 shares of the exchange traded fund’s stock valued at $1,163,360,000 after purchasing an additional 1,683,297 shares during the period. Finally, Envestnet Asset Management Inc. grew its holdings in iShares Russell 1000 Value ETF by 21.6% during the fourth quarter. Envestnet Asset Management Inc. now owns 7,877,198 shares of the exchange traded fund’s stock valued at $1,458,306,000 after purchasing an additional 1,400,086 shares during the period.

iShares Russell 1000 Value ETF Trading Down 0.2%

Shares of NYSEARCA IWD opened at $188.91 on Friday. The stock has a fifty day simple moving average of $182.62 and a two-hundred day simple moving average of $188.16. iShares Russell 1000 Value ETF has a 1-year low of $163.19 and a 1-year high of $200.42. The firm has a market cap of $60.66 billion, a price-to-earnings ratio of 19.08 and a beta of 0.90.

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).