Northwestern Mutual Wealth Management Co. Sells 6,648 Shares of iShares Russell 1000 Value ETF $IWD

Northwestern Mutual Wealth Management Co. lowered its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 1.5% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 449,483 shares of the exchange traded fund’s stock after selling 6,648 shares during the period. Northwestern Mutual Wealth Management Co. owned approximately 0.14% of iShares Russell 1000 Value ETF worth $94,544,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in the stock. Savant Capital LLC lifted its position in shares of iShares Russell 1000 Value ETF by 2.0% in the 4th quarter. Savant Capital LLC now owns 138,634 shares of the exchange traded fund’s stock worth $29,160,000 after acquiring an additional 2,676 shares during the period. CFS Investment Advisory Services LLC raised its stake in shares of iShares Russell 1000 Value ETF by 16.8% in the fourth quarter. CFS Investment Advisory Services LLC now owns 185,358 shares of the exchange traded fund’s stock valued at $38,988,000 after purchasing an additional 26,727 shares in the last quarter. Foundations Investment Advisors LLC raised its stake in shares of iShares Russell 1000 Value ETF by 2.1% in the fourth quarter. Foundations Investment Advisors LLC now owns 5,674 shares of the exchange traded fund’s stock valued at $1,193,000 after purchasing an additional 115 shares in the last quarter. Baker Avenue Asset Management LP lifted its position in iShares Russell 1000 Value ETF by 2.4% in the fourth quarter. Baker Avenue Asset Management LP now owns 32,176 shares of the exchange traded fund’s stock worth $6,768,000 after purchasing an additional 753 shares during the period. Finally, Arista Wealth Management LLC lifted its position in iShares Russell 1000 Value ETF by 69.5% in the fourth quarter. Arista Wealth Management LLC now owns 1,780 shares of the exchange traded fund’s stock worth $374,000 after purchasing an additional 730 shares during the period. Institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Price Performance

Shares of iShares Russell 1000 Value ETF stock opened at $237.96 on Friday. The firm has a market capitalization of $76.43 billion, a PE ratio of 18.83 and a beta of 0.84. The company’s fifty day moving average price is $225.85 and its two-hundred day moving average price is $219.00. iShares Russell 1000 Value ETF has a 52-week low of $186.64 and a 52-week high of $239.17.

About iShares Russell 1000 Value ETF

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.