Aegis Wealth Management LLC Sells 2,772 Shares of iShares Russell 1000 Value ETF $IWD

Aegis Wealth Management LLC reduced its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 37.1% during the fourth quarter, Holdings Channel reports. The firm owned 4,699 shares of the exchange traded fund’s stock after selling 2,772 shares during the quarter. Aegis Wealth Management LLC’s holdings in iShares Russell 1000 Value ETF were worth $988,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in IWD. Arkadios Wealth Advisors lifted its position in iShares Russell 1000 Value ETF by 25.4% during the third quarter. Arkadios Wealth Advisors now owns 73,261 shares of the exchange traded fund’s stock valued at $14,915,000 after buying an additional 14,842 shares during the period. Americana Partners LLC grew its position in shares of iShares Russell 1000 Value ETF by 78.9% in the 3rd quarter. Americana Partners LLC now owns 170,599 shares of the exchange traded fund’s stock worth $34,732,000 after buying an additional 75,256 shares during the period. 1ST Source Bank grew its position in shares of iShares Russell 1000 Value ETF by 1.3% in the 3rd quarter. 1ST Source Bank now owns 686,114 shares of the exchange traded fund’s stock worth $139,686,000 after buying an additional 8,737 shares during the period. Cullen Frost Bankers Inc. increased its stake in shares of iShares Russell 1000 Value ETF by 0.8% in the 3rd quarter. Cullen Frost Bankers Inc. now owns 379,841 shares of the exchange traded fund’s stock worth $77,332,000 after acquiring an additional 2,894 shares in the last quarter. Finally, Corundum Group Inc. increased its stake in shares of iShares Russell 1000 Value ETF by 5.6% in the 3rd quarter. Corundum Group Inc. now owns 122,726 shares of the exchange traded fund’s stock worth $24,986,000 after acquiring an additional 6,511 shares in the last quarter. 84.93% of the stock is currently owned by institutional investors.

iShares Russell 1000 Value ETF Price Performance

Shares of NYSEARCA IWD opened at $210.05 on Friday. iShares Russell 1000 Value ETF has a 1 year low of $163.19 and a 1 year high of $226.39. The firm has a 50-day moving average of $219.90 and a 200 day moving average of $211.66. The stock has a market cap of $65.44 billion, a P/E ratio of 18.83 and a beta of 0.89.

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). 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.