Modera Wealth Management LLC Sells 5,841 Shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Modera Wealth Management LLC reduced its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 1.3% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 445,948 shares of the exchange traded fund’s stock after selling 5,841 shares during the period. iShares Russell 1000 Value ETF accounts for approximately 1.0% of Modera Wealth Management LLC’s investment portfolio, making the stock its 22nd biggest position. Modera Wealth Management LLC’s holdings in iShares Russell 1000 Value ETF were worth $82,558,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of IWD. Focus Financial Network Inc. raised its position in iShares Russell 1000 Value ETF by 4.7% during the 3rd quarter. Focus Financial Network Inc. now owns 12,147 shares of the exchange traded fund’s stock worth $2,306,000 after purchasing an additional 546 shares during the last quarter. Lowe Brockenbrough & Co. Inc. raised its position in iShares Russell 1000 Value ETF by 9.5% during the 3rd quarter. Lowe Brockenbrough & Co. Inc. now owns 4,177 shares of the exchange traded fund’s stock worth $793,000 after purchasing an additional 364 shares during the last quarter. Farther Finance Advisors LLC raised its position in iShares Russell 1000 Value ETF by 65.3% during the 3rd quarter. Farther Finance Advisors LLC now owns 5,899 shares of the exchange traded fund’s stock worth $1,120,000 after purchasing an additional 2,331 shares during the last quarter. Symmetry Partners LLC bought a new position in iShares Russell 1000 Value ETF during the 3rd quarter worth $841,000. Finally, Northern Financial Advisors Inc bought a new position in iShares Russell 1000 Value ETF during the 3rd quarter worth $215,000.

iShares Russell 1000 Value ETF Trading Up 1.3 %

Shares of iShares Russell 1000 Value ETF stock opened at $194.37 on Friday. The business has a 50-day moving average price of $190.87 and a two-hundred day moving average price of $190.37. iShares Russell 1000 Value ETF has a 1-year low of $168.85 and a 1-year high of $200.42. The company has a market cap of $62.52 billion, a P/E ratio of 19.81 and a beta of 0.98.

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).