Baron Silver Stevens Financial Advisors LLC Cuts Stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Baron Silver Stevens Financial Advisors LLC lessened its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 1.6% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 8,508 shares of the exchange traded fund’s stock after selling 141 shares during the period. Baron Silver Stevens Financial Advisors LLC’s holdings in iShares Russell 1000 Value ETF were worth $1,575,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Raymond James & Associates increased its stake in shares of iShares Russell 1000 Value ETF by 0.6% during the 3rd quarter. Raymond James & Associates now owns 3,666,344 shares of the exchange traded fund’s stock worth $695,872,000 after purchasing an additional 22,295 shares during the last quarter. LPL Financial LLC grew its holdings in iShares Russell 1000 Value ETF by 0.7% during 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 purchasing an additional 23,197 shares during the period. 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 buying an additional 10,304 shares during the last quarter. Synovus Financial Corp raised its stake in shares of iShares Russell 1000 Value ETF by 1.2% in the third quarter. Synovus Financial Corp now owns 2,848,914 shares of the exchange traded fund’s stock valued at $540,724,000 after buying an additional 34,700 shares during the period. Finally, Stifel Financial Corp grew its stake in shares of 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 worth $369,623,000 after acquiring an additional 70,612 shares during the period.

iShares Russell 1000 Value ETF Stock Performance

Shares of IWD opened at $192.65 on Thursday. iShares Russell 1000 Value ETF has a fifty-two week low of $163.99 and a fifty-two week high of $200.42. The business has a 50-day moving average of $191.07 and a 200 day moving average of $187.56. The firm has a market cap of $60.35 billion, a P/E 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).