Woodmont Investment Counsel LLC Has $770,000 Stock Position in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Woodmont Investment Counsel LLC lessened its position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 2.8% in the fourth quarter, HoldingsChannel.com reports. The firm owned 4,159 shares of the exchange traded fund’s stock after selling 118 shares during the quarter. Woodmont Investment Counsel LLC’s holdings in iShares Russell 1000 Value ETF were worth $770,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in IWD. Raymond James Financial Inc. acquired a new position in iShares Russell 1000 Value ETF in the fourth quarter valued at $972,637,000. BNP Paribas Financial Markets raised its position in shares of iShares Russell 1000 Value ETF by 1,200,216.9% in the 3rd quarter. BNP Paribas Financial Markets now owns 780,206 shares of the exchange traded fund’s stock worth $148,083,000 after acquiring an additional 780,141 shares in the last quarter. LPL Financial LLC lifted its stake in shares of iShares Russell 1000 Value ETF by 12.9% in the 4th quarter. LPL Financial LLC now owns 3,720,195 shares of the exchange traded fund’s stock valued at $688,720,000 after purchasing an additional 426,218 shares during the period. Strategic Financial Concepts LLC boosted its position in shares of iShares Russell 1000 Value ETF by 18,440.5% during the 4th quarter. Strategic Financial Concepts LLC now owns 420,683 shares of the exchange traded fund’s stock valued at $77,881,000 after purchasing an additional 418,414 shares in the last quarter. Finally, Equity Investment Corp grew its stake in iShares Russell 1000 Value ETF by 291.7% during the fourth quarter. Equity Investment Corp now owns 439,833 shares of the exchange traded fund’s stock worth $81,426,000 after purchasing an additional 327,537 shares during the period.

iShares Russell 1000 Value ETF Stock Performance

Shares of IWD stock opened at $189.75 on Tuesday. iShares Russell 1000 Value ETF has a fifty-two week low of $168.85 and a fifty-two week high of $200.42. The stock has a 50 day simple moving average of $191.44 and a two-hundred day simple moving average of $190.74. The company has a market cap of $61.37 billion, a P/E ratio of 19.31 and a beta of 0.97.

iShares Russell 1000 Value ETF Company 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).