Pacific Life Fund Advisors LLC Sells 35,370 Shares of iShares Russell 1000 Value ETF $IWD

Pacific Life Fund Advisors LLC lessened its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 3.3% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,043,643 shares of the exchange traded fund’s stock after selling 35,370 shares during the period. iShares Russell 1000 Value ETF accounts for about 22.6% of Pacific Life Fund Advisors LLC’s holdings, making the stock its biggest position. Pacific Life Fund Advisors LLC owned approximately 0.33% of iShares Russell 1000 Value ETF worth $219,520,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Confluence Investment Management LLC increased its position in iShares Russell 1000 Value ETF by 2,904.9% during the 4th quarter. Confluence Investment Management LLC now owns 568,609 shares of the exchange traded fund’s stock worth $119,601,000 after purchasing an additional 549,686 shares during the period. Tcfg Wealth Management LLC increased its position in iShares Russell 1000 Value ETF by 12,109.1% during the 3rd quarter. Tcfg Wealth Management LLC now owns 321,587 shares of the exchange traded fund’s stock worth $65,472,000 after purchasing an additional 318,953 shares during the period. SMI Advisory Services LLC acquired a new position in iShares Russell 1000 Value ETF during the 4th quarter worth approximately $55,463,000. Thrivent Financial for Lutherans increased its position in iShares Russell 1000 Value ETF by 615.9% during the 3rd quarter. Thrivent Financial for Lutherans now owns 291,173 shares of the exchange traded fund’s stock worth $59,280,000 after purchasing an additional 250,498 shares during the period. Finally, Gainplan LLC acquired a new position in iShares Russell 1000 Value ETF during the 4th quarter worth approximately $43,801,000. Institutional investors and hedge funds own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Trading Up 1.0%

NYSEARCA IWD opened at $227.15 on Friday. The business’s 50 day moving average is $219.75 and its two-hundred day moving average is $213.38. iShares Russell 1000 Value ETF has a 12-month low of $171.13 and a 12-month high of $228.02. The stock has a market capitalization of $73.36 billion, a price-to-earnings ratio of 18.83 and a beta of 0.85.

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). The Index represents approximately 50% of the total market capitalization of the Russell 1000 Index. The Index measures the large-capital value sector of the United States equity market.