Foster Dykema Cabot & Partners LLC Lowers Holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Foster Dykema Cabot & Partners LLC decreased its position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 3.7% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 12,148 shares of the exchange traded fund’s stock after selling 469 shares during the quarter. Foster Dykema Cabot & Partners LLC’s holdings in iShares Russell 1000 Value ETF were worth $2,286,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in IWD. Ameriflex Group Inc. bought a new position in iShares Russell 1000 Value ETF during the 4th quarter worth about $29,000. Transce3nd LLC purchased a new stake in shares of iShares Russell 1000 Value ETF in the 4th quarter worth approximately $31,000. Whipplewood Advisors LLC purchased a new stake in shares of iShares Russell 1000 Value ETF in the 1st quarter worth approximately $33,000. Dakota Community Bank & Trust NA bought a new position in shares of iShares Russell 1000 Value ETF during the first quarter valued at approximately $36,000. Finally, Creative Capital Management Investments LLC purchased a new position in iShares Russell 1000 Value ETF during the first quarter valued at approximately $38,000. Hedge funds and other institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Stock Up 0.0%

Shares of NYSEARCA:IWD opened at $194.65 on Thursday. The firm has a 50 day moving average of $193.67 and a 200 day moving average of $189.23. The company has a market capitalization of $61.62 billion, a price-to-earnings ratio of 18.83 and a beta of 0.95. iShares Russell 1000 Value ETF has a 52 week low of $163.19 and a 52 week high of $200.42.

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).