MV Capital Management Inc. Sells 3,262 Shares of iShares Russell 1000 Value ETF (IWD)

MV Capital Management Inc. cut its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 2.6% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 121,645 shares of the exchange traded fund’s stock after selling 3,262 shares during the quarter. iShares Russell 1000 Value ETF makes up about 3.8% of MV Capital Management Inc.’s portfolio, making the stock its 7th largest position. MV Capital Management Inc.’s holdings in iShares Russell 1000 Value ETF were worth $15,403,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. O Shaughnessy Asset Management LLC boosted its stake in iShares Russell 1000 Value ETF by 231.9% during the third quarter. O Shaughnessy Asset Management LLC now owns 7,644 shares of the exchange traded fund’s stock worth $968,000 after acquiring an additional 5,341 shares in the last quarter. Fulcrum Capital LLC acquired a new position in iShares Russell 1000 Value ETF during the third quarter worth $330,000. IFG Advisory LLC raised its holdings in iShares Russell 1000 Value ETF by 3.0% during the third quarter. IFG Advisory LLC now owns 55,735 shares of the exchange traded fund’s stock worth $8,890,000 after buying an additional 1,624 shares during the last quarter. Equity Investment Corp raised its holdings in iShares Russell 1000 Value ETF by 47.9% during the third quarter. Equity Investment Corp now owns 114,683 shares of the exchange traded fund’s stock worth $14,521,000 after buying an additional 37,140 shares during the last quarter. Finally, FTB Advisors Inc. raised its holdings in iShares Russell 1000 Value ETF by 24.5% during the third quarter. FTB Advisors Inc. now owns 72,214 shares of the exchange traded fund’s stock worth $19,277,000 after buying an additional 14,219 shares during the last quarter.

IWD opened at $123.56 on Friday. iShares Russell 1000 Value ETF has a 1-year low of $116.03 and a 1-year high of $131.56.

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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).

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Institutional Ownership by Quarter for iShares Russell 1000 Value ETF (NYSEARCA:IWD)

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