Brightwater Advisory LLC Sells 167 Shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Brightwater Advisory LLC cut its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 0.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 29,545 shares of the exchange traded fund’s stock after selling 167 shares during the period. iShares Russell 1000 Value ETF makes up approximately 4.3% of Brightwater Advisory LLC’s holdings, making the stock its 8th largest holding. Brightwater Advisory LLC’s holdings in iShares Russell 1000 Value ETF were worth $5,470,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Farmers & Merchants Investments Inc. grew its stake in iShares Russell 1000 Value ETF by 0.8% in the 3rd quarter. Farmers & Merchants Investments Inc. now owns 7,046 shares of the exchange traded fund’s stock valued at $1,337,000 after acquiring an additional 57 shares during the last quarter. PBMares Wealth Management LLC grew its position in shares of iShares Russell 1000 Value ETF by 18.3% in the third quarter. PBMares Wealth Management LLC now owns 2,323 shares of the exchange traded fund’s stock valued at $441,000 after purchasing an additional 360 shares during the last quarter. Valmark Advisers Inc. increased its stake in shares of iShares Russell 1000 Value ETF by 3.5% during the 3rd quarter. Valmark Advisers Inc. now owns 22,590 shares of the exchange traded fund’s stock worth $4,288,000 after purchasing an additional 769 shares in the last quarter. Highline Wealth Partners LLC acquired a new position in shares of iShares Russell 1000 Value ETF during the 3rd quarter worth approximately $352,000. Finally, Golden State Equity Partners purchased a new stake in iShares Russell 1000 Value ETF in the 3rd quarter valued at approximately $275,000.

iShares Russell 1000 Value ETF Stock Up 0.1 %

NYSEARCA IWD opened at $193.11 on Wednesday. iShares Russell 1000 Value ETF has a fifty-two week low of $168.85 and a fifty-two week high of $200.42. The business has a fifty day moving average of $190.35 and a 200-day moving average of $190.15. The stock has a market cap of $62.11 billion, a price-to-earnings ratio of 19.81 and a beta of 0.98.

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).