Fmr LLC Has $1.69 Billion Stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Fmr LLC trimmed its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 6.8% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 8,914,295 shares of the exchange traded fund’s stock after selling 655,071 shares during the period. Fmr LLC owned about 2.85% of iShares Russell 1000 Value ETF worth $1,691,933,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in IWD. Russell Investments Group Ltd. grew its position in iShares Russell 1000 Value ETF by 72.3% in the first quarter. Russell Investments Group Ltd. now owns 298 shares of the exchange traded fund’s stock valued at $53,000 after purchasing an additional 125 shares in the last quarter. Price T Rowe Associates Inc. MD grew its position in iShares Russell 1000 Value ETF by 22.4% in the first quarter. Price T Rowe Associates Inc. MD now owns 14,133 shares of the exchange traded fund’s stock valued at $2,532,000 after purchasing an additional 2,582 shares in the last quarter. B. Riley Wealth Advisors Inc. grew its position in shares of iShares Russell 1000 Value ETF by 16.2% in the 1st quarter. B. Riley Wealth Advisors Inc. now owns 17,655 shares of the exchange traded fund’s stock valued at $3,162,000 after acquiring an additional 2,461 shares during the period. Investmark Advisory Group LLC increased its stake in shares of iShares Russell 1000 Value ETF by 2.6% during the 1st quarter. Investmark Advisory Group LLC now owns 5,126 shares of the exchange traded fund’s stock worth $918,000 after purchasing an additional 129 shares during the last quarter. Finally, Advisory Resource Group increased its stake in shares of iShares Russell 1000 Value ETF by 6.0% during the 1st quarter. Advisory Resource Group now owns 27,462 shares of the exchange traded fund’s stock worth $4,919,000 after purchasing an additional 1,551 shares during the last quarter.

iShares Russell 1000 Value ETF Price Performance

iShares Russell 1000 Value ETF stock opened at $199.12 on Wednesday. The firm has a market capitalization of $62.37 billion, a PE ratio of 17.81 and a beta of 0.77. The company’s 50-day moving average is $191.48 and its 200-day moving average is $183.43. iShares Russell 1000 Value ETF has a fifty-two week low of $155.30 and a fifty-two week high of $199.98.

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).