Acropolis Investment Management LLC Sells 58 Shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Acropolis Investment Management LLC trimmed its holdings in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 0.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 19,992 shares of the exchange traded fund’s stock after selling 58 shares during the period. Acropolis Investment Management LLC’s holdings in iShares Russell 1000 Value ETF were worth $3,701,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Park Avenue Securities LLC raised its position in iShares Russell 1000 Value ETF by 702.3% during the fourth quarter. Park Avenue Securities LLC now owns 83,998 shares of the exchange traded fund’s stock worth $15,550,000 after acquiring an additional 73,529 shares in the last quarter. Fifth Third Wealth Advisors LLC raised its holdings in shares of iShares Russell 1000 Value ETF by 114.7% in the 4th quarter. Fifth Third Wealth Advisors LLC now owns 12,229 shares of the exchange traded fund’s stock valued at $2,264,000 after purchasing an additional 6,533 shares during the period. Community Trust & Investment Co. bought a new stake in shares of iShares Russell 1000 Value ETF in the 4th quarter valued at about $1,315,000. Pines Wealth Management LLC bought a new position in iShares Russell 1000 Value ETF during the fourth quarter worth about $221,000. Finally, Christensen King & Associates Investment Services Inc. raised its stake in iShares Russell 1000 Value ETF by 9.5% in the fourth quarter. Christensen King & Associates Investment Services Inc. now owns 1,339 shares of the exchange traded fund’s stock valued at $251,000 after buying an additional 116 shares during the period.

iShares Russell 1000 Value ETF Stock Up 0.9 %

IWD opened at $186.82 on Wednesday. iShares Russell 1000 Value ETF has a 12-month low of $160.98 and a 12-month high of $200.42. The business has a 50 day moving average of $191.52 and a 200-day moving average of $186.91. The stock has a market cap of $58.52 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).