Montag A & Associates Inc. Lowers Holdings in iShares Russell 1000 Value ETF $IWD

Montag A & Associates Inc. decreased its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 3.7% in the fourth quarter, Holdings Channel reports. The institutional investor owned 76,844 shares of the exchange traded fund’s stock after selling 2,958 shares during the quarter. Montag A & Associates Inc.’s holdings in iShares Russell 1000 Value ETF were worth $16,163,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Envestnet Asset Management Inc. raised its stake in shares of iShares Russell 1000 Value ETF by 1.4% in the third quarter. Envestnet Asset Management Inc. now owns 6,693,245 shares of the exchange traded fund’s stock worth $1,362,678,000 after purchasing an additional 93,461 shares during the last quarter. Raymond James Financial Inc. raised its stake in shares of iShares Russell 1000 Value ETF by 3.5% in the third quarter. Raymond James Financial Inc. now owns 5,154,926 shares of the exchange traded fund’s stock worth $1,049,492,000 after purchasing an additional 176,135 shares during the last quarter. Northern Trust Corp raised its stake in shares of iShares Russell 1000 Value ETF by 3.4% in the third quarter. Northern Trust Corp now owns 4,886,290 shares of the exchange traded fund’s stock worth $994,800,000 after purchasing an additional 162,782 shares during the last quarter. M&T Bank Corp raised its stake in shares of iShares Russell 1000 Value ETF by 0.9% in the fourth quarter. M&T Bank Corp now owns 3,785,045 shares of the exchange traded fund’s stock worth $796,147,000 after purchasing an additional 32,694 shares during the last quarter. Finally, Stairway Partners LLC raised its stake in shares of iShares Russell 1000 Value ETF by 0.8% in the fourth quarter. Stairway Partners LLC now owns 1,323,057 shares of the exchange traded fund’s stock worth $278,292,000 after purchasing an additional 10,922 shares during the last quarter. Hedge funds and other institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Price Performance

IWD stock opened at $230.86 on Friday. iShares Russell 1000 Value ETF has a 1-year low of $182.36 and a 1-year high of $232.26. The business has a fifty day moving average price of $220.41 and a 200-day moving average price of $214.96. The stock has a market capitalization of $74.15 billion, a P/E ratio of 18.83 and a beta of 0.84.

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). 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.