Applied Finance Capital Management LLC Sells 18,728 Shares of iShares Russell 1000 Value ETF $IWD

Applied Finance Capital Management LLC trimmed its holdings in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 74.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,331 shares of the exchange traded fund’s stock after selling 18,728 shares during the period. Applied Finance Capital Management LLC’s holdings in iShares Russell 1000 Value ETF were worth $1,289,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. JPMorgan Chase & Co. boosted its position in shares of iShares Russell 1000 Value ETF by 140.0% in the 2nd quarter. JPMorgan Chase & Co. now owns 9,153,000 shares of the exchange traded fund’s stock worth $1,777,787,000 after purchasing an additional 32,036,243 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in iShares Russell 1000 Value ETF by 1.4% in the third quarter. Envestnet Asset Management Inc. now owns 6,693,245 shares of the exchange traded fund’s stock valued at $1,362,678,000 after buying an additional 93,461 shares during the period. Baird Financial Group Inc. boosted its holdings in iShares Russell 1000 Value ETF by 12.7% during the second quarter. Baird Financial Group Inc. now owns 5,275,282 shares of the exchange traded fund’s stock worth $1,024,618,000 after buying an additional 593,784 shares during the last quarter. Raymond James Financial Inc. boosted its holdings in iShares Russell 1000 Value ETF by 1.6% during the second quarter. Raymond James Financial Inc. now owns 4,978,791 shares of the exchange traded fund’s stock worth $967,031,000 after buying an additional 76,936 shares during the last quarter. Finally, M&T Bank Corp grew its position in shares of iShares Russell 1000 Value ETF by 3.3% during the 2nd quarter. M&T Bank Corp now owns 3,931,029 shares of the exchange traded fund’s stock worth $763,524,000 after buying an additional 126,874 shares during the period. 84.93% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell 1000 Value ETF Price Performance

Shares of IWD stock opened at $224.62 on Tuesday. The stock has a market cap of $69.98 billion, a PE ratio of 18.83 and a beta of 0.89. The stock has a 50-day moving average of $215.14 and a 200-day moving average of $206.72. iShares Russell 1000 Value ETF has a one year low of $163.19 and a one year high of $225.09.

iShares Russell 1000 Value ETF 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). The Index represents approximately 50% of the total market capitalization of the Russell 1000 Index. The Index measures the large-capital value sector of the United States equity market.