Towerpoint Wealth LLC Reduces Stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Towerpoint Wealth LLC reduced its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWDFree Report) by 4.7% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 28,054 shares of the exchange traded fund’s stock after selling 1,399 shares during the quarter. iShares Russell 1000 Value ETF makes up approximately 2.5% of Towerpoint Wealth LLC’s investment portfolio, making the stock its 12th largest position. Towerpoint Wealth LLC’s holdings in iShares Russell 1000 Value ETF were worth $4,636,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently added to or reduced their stakes in the stock. Moneta Group Investment Advisors LLC grew its holdings in shares of iShares Russell 1000 Value ETF by 120,617.6% during the 4th quarter. Moneta Group Investment Advisors LLC now owns 222,740,910 shares of the exchange traded fund’s stock worth $33,778,659,000 after purchasing an additional 222,556,396 shares during the period. Morgan Stanley grew its holdings in shares of iShares Russell 1000 Value ETF by 0.9% during the 4th quarter. Morgan Stanley now owns 30,707,516 shares of the exchange traded fund’s stock worth $4,656,795,000 after purchasing an additional 276,413 shares during the period. Jones Financial Companies Lllp grew its holdings in shares of iShares Russell 1000 Value ETF by 0.9% during the 3rd quarter. Jones Financial Companies Lllp now owns 8,735,247 shares of the exchange traded fund’s stock worth $1,326,185,000 after purchasing an additional 77,652 shares during the period. Pathstone Family Office LLC grew its holdings in shares of iShares Russell 1000 Value ETF by 2,323.4% during the 3rd quarter. Pathstone Family Office LLC now owns 5,038,517 shares of the exchange traded fund’s stock worth $764,948,000 after purchasing an additional 4,830,607 shares during the period. Finally, Synovus Financial Corp grew its holdings in shares of iShares Russell 1000 Value ETF by 2.5% during the 3rd quarter. Synovus Financial Corp now owns 4,824,149 shares of the exchange traded fund’s stock worth $732,408,000 after purchasing an additional 117,900 shares during the period.

iShares Russell 1000 Value ETF Stock Performance

Shares of NYSEARCA IWD traded up $1.14 during mid-day trading on Thursday, reaching $178.42. 400,371 shares of the company’s stock were exchanged, compared to its average volume of 2,137,624. The firm has a market capitalization of $56.99 billion, a price-to-earnings ratio of 13.53 and a beta of 0.95. iShares Russell 1000 Value ETF has a 52-week low of $143.34 and a 52-week high of $179.56. The company’s 50-day moving average is $171.50 and its 200-day moving average is $161.72.

About iShares Russell 1000 Value ETF

(Free Report)

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).

Featured Articles

Want to see what other hedge funds are holding IWD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Russell 1000 Value ETF (NYSEARCA:IWDFree Report).

Institutional Ownership by Quarter for iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Receive News & Ratings for iShares Russell 1000 Value ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Russell 1000 Value ETF and related companies with MarketBeat.com's FREE daily email newsletter.