Carret Asset Management LLC Cuts Position in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Carret Asset Management LLC lessened its holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 1.4% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 10,595 shares of the exchange traded fund’s stock after selling 154 shares during the quarter. Carret Asset Management LLC’s holdings in iShares Russell 1000 Value ETF were worth $1,751,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of IWD. AE Wealth Management LLC grew its holdings in shares of iShares Russell 1000 Value ETF by 8.0% during the third quarter. AE Wealth Management LLC now owns 17,986 shares of the exchange traded fund’s stock valued at $2,731,000 after buying an additional 1,327 shares during the last quarter. Capital Investment Advisors LLC grew its holdings in shares of iShares Russell 1000 Value ETF by 5.6% during the third quarter. Capital Investment Advisors LLC now owns 8,232 shares of the exchange traded fund’s stock valued at $1,250,000 after buying an additional 439 shares during the last quarter. Impact Partnership Wealth LLC grew its holdings in shares of iShares Russell 1000 Value ETF by 654.1% during the third quarter. Impact Partnership Wealth LLC now owns 1,003 shares of the exchange traded fund’s stock valued at $152,000 after buying an additional 870 shares during the last quarter. DAVENPORT & Co LLC grew its holdings in shares of iShares Russell 1000 Value ETF by 5.7% during the third quarter. DAVENPORT & Co LLC now owns 3,176 shares of the exchange traded fund’s stock valued at $482,000 after buying an additional 172 shares during the last quarter. Finally, Avior Wealth Management LLC grew its holdings in shares of iShares Russell 1000 Value ETF by 58.2% during the third quarter. Avior Wealth Management LLC now owns 1,770 shares of the exchange traded fund’s stock valued at $269,000 after buying an additional 651 shares during the last quarter.

iShares Russell 1000 Value ETF Stock Performance

Shares of NYSEARCA:IWD traded down $0.04 during trading on Wednesday, reaching $173.62. 1,588,109 shares of the stock traded hands, compared to its average volume of 2,174,389. The stock has a 50-day moving average of $173.38 and a two-hundred day moving average of $163.79. iShares Russell 1000 Value ETF has a 52-week low of $143.34 and a 52-week high of $179.56. The stock has a market cap of $54.40 billion, a P/E ratio of 17.74 and a beta of 0.80.

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).