Diversified Trust Co Reduces Stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Diversified Trust Co lowered its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 3.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 46,605 shares of the exchange traded fund’s stock after selling 1,756 shares during the period. Diversified Trust Co’s holdings in iShares Russell 1000 Value ETF were worth $8,628,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the stock. Stairway Partners LLC raised its stake in shares of iShares Russell 1000 Value ETF by 3.6% during the 4th quarter. Stairway Partners LLC now owns 1,235,849 shares of the exchange traded fund’s stock valued at $228,793,000 after purchasing an additional 42,875 shares during the period. GAMMA Investing LLC boosted its stake in iShares Russell 1000 Value ETF by 34.1% in the fourth quarter. GAMMA Investing LLC now owns 13,332 shares of the exchange traded fund’s stock worth $2,468,000 after buying an additional 3,391 shares in the last quarter. Confluence Investment Management LLC purchased a new stake in shares of iShares Russell 1000 Value ETF in the 4th quarter valued at $5,253,000. SK Wealth Management LLC purchased a new position in iShares Russell 1000 Value ETF in the 3rd quarter worth $229,000. Finally, Forthright Family Wealth Advisory LLC grew its stake in shares of iShares Russell 1000 Value ETF by 3.7% during the third quarter. Forthright Family Wealth Advisory LLC now owns 4,018 shares of the exchange traded fund’s stock valued at $787,000 after buying an additional 142 shares during the last quarter.

iShares Russell 1000 Value ETF Trading Up 0.4 %

IWD stock traded up $0.80 during midday trading on Tuesday, hitting $187.10. The company had a trading volume of 623,750 shares, compared to its average volume of 2,416,018. The stock’s 50 day moving average price is $191.86 and its 200 day moving average price is $186.45. iShares Russell 1000 Value ETF has a 52 week low of $160.98 and a 52 week high of $200.42. The stock has a market cap of $58.61 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).