Patten Group Inc. cut its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD – Free Report) by 10.7% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 5,007 shares of the exchange traded fund’s stock after selling 601 shares during the quarter. Patten Group Inc.’s holdings in iShares Russell 1000 Value ETF were worth $927,000 as of its most recent filing with the SEC.
Several other institutional investors and hedge funds also recently made changes to their positions in the company. Peterson Wealth Services acquired a new position in iShares Russell 1000 Value ETF in the fourth quarter valued at about $32,000. Halbert Hargrove Global Advisors LLC bought a new position in shares of iShares Russell 1000 Value ETF in the fourth quarter valued at approximately $32,000. Hantz Financial Services Inc. acquired a new position in shares of iShares Russell 1000 Value ETF in the 4th quarter worth approximately $35,000. Carmichael Hill & Associates Inc. grew its position in iShares Russell 1000 Value ETF by 536.1% during the 3rd quarter. Carmichael Hill & Associates Inc. now owns 229 shares of the exchange traded fund’s stock worth $43,000 after acquiring an additional 193 shares during the last quarter. Finally, Centricity Wealth Management LLC acquired a new stake in iShares Russell 1000 Value ETF during the 4th quarter valued at $46,000.
iShares Russell 1000 Value ETF Stock Performance
Shares of IWD opened at $192.46 on Tuesday. The stock has a fifty day moving average price of $191.00 and a two-hundred day moving average price of $190.52. The company has a market cap of $61.90 billion, a price-to-earnings ratio of 19.81 and a beta of 0.98. iShares Russell 1000 Value ETF has a 52-week low of $168.85 and a 52-week high of $200.42.
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).
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