Wealthspire Advisors LLC Has $14.80 Million Stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Wealthspire Advisors LLC reduced its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 1.0% during the 4th quarter, Holdings Channel.com reports. The firm owned 89,573 shares of the exchange traded fund’s stock after selling 922 shares during the quarter. Wealthspire Advisors LLC’s holdings in iShares Russell 1000 Value ETF were worth $14,802,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. RMR Wealth Builders lifted its stake in shares of iShares Russell 1000 Value ETF by 7.0% during the fourth quarter. RMR Wealth Builders now owns 136,018 shares of the exchange traded fund’s stock valued at $22,477,000 after acquiring an additional 8,913 shares during the period. Cullen Frost Bankers Inc. grew its stake in shares of iShares Russell 1000 Value ETF by 11.6% during the fourth quarter. Cullen Frost Bankers Inc. now owns 333,664 shares of the exchange traded fund’s stock worth $55,138,000 after purchasing an additional 34,811 shares during the period. Everpar Advisors LLC bought a new stake in iShares Russell 1000 Value ETF in the fourth quarter valued at about $1,172,000. Pacific Capital Wealth Advisors Inc. bought a new position in iShares Russell 1000 Value ETF during the fourth quarter worth about $125,000. Finally, Cherry Tree Wealth Management LLC increased its stake in shares of iShares Russell 1000 Value ETF by 25.2% in the 4th quarter. Cherry Tree Wealth Management LLC now owns 482 shares of the exchange traded fund’s stock valued at $80,000 after acquiring an additional 97 shares during the last quarter.

iShares Russell 1000 Value ETF Stock Up 0.9 %

NYSEARCA IWD traded up $1.58 during trading on Thursday, reaching $176.63. 919,722 shares of the stock traded hands, compared to its average volume of 2,054,927. The stock’s 50-day moving average price is $174.23 and its 200 day moving average price is $165.45. The firm has a market cap of $55.33 billion, a price-to-earnings ratio of 17.81 and a beta of 0.77. iShares Russell 1000 Value ETF has a fifty-two week low of $143.34 and a fifty-two week high of $179.56.

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).