Johnson Bixby & Associates LLC Has $1.07 Million Holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Johnson Bixby & Associates LLC trimmed its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 15.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 5,781 shares of the exchange traded fund’s stock after selling 1,037 shares during the period. Johnson Bixby & Associates LLC’s holdings in iShares Russell 1000 Value ETF were worth $1,070,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of IWD. Raymond James & Associates boosted its position in iShares Russell 1000 Value ETF by 0.6% in the 3rd quarter. Raymond James & Associates now owns 3,666,344 shares of the exchange traded fund’s stock valued at $695,872,000 after buying an additional 22,295 shares during the last quarter. LPL Financial LLC boosted its holdings in iShares Russell 1000 Value ETF by 0.7% in the third quarter. LPL Financial LLC now owns 3,293,977 shares of the exchange traded fund’s stock valued at $625,197,000 after acquiring an additional 23,197 shares during the last quarter. PNC Financial Services Group Inc. increased its position in iShares Russell 1000 Value ETF by 0.3% in the third quarter. PNC Financial Services Group Inc. now owns 3,247,266 shares of the exchange traded fund’s stock worth $616,331,000 after purchasing an additional 10,304 shares during the period. Synovus Financial Corp raised its holdings in iShares Russell 1000 Value ETF by 1.2% during the 3rd quarter. Synovus Financial Corp now owns 2,848,914 shares of the exchange traded fund’s stock worth $540,724,000 after purchasing an additional 34,700 shares during the last quarter. Finally, Stifel Financial Corp lifted its position in iShares Russell 1000 Value ETF by 3.8% during the 3rd quarter. Stifel Financial Corp now owns 1,947,425 shares of the exchange traded fund’s stock valued at $369,623,000 after purchasing an additional 70,612 shares during the period.

iShares Russell 1000 Value ETF Price Performance

IWD opened at $193.95 on Friday. The firm has a 50 day simple moving average of $191.07 and a 200 day simple moving average of $187.56. iShares Russell 1000 Value ETF has a fifty-two week low of $163.99 and a fifty-two week high of $200.42. The company has a market cap of $60.75 billion, a price-to-earnings ratio of 17.81 and a beta of 0.77.

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).