iShares Russell 1000 Value ETF $IWD Shares Sold by BTC Capital Management Inc.

BTC Capital Management Inc. decreased its holdings in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 13.5% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 98,528 shares of the exchange traded fund’s stock after selling 15,421 shares during the quarter. iShares Russell 1000 Value ETF comprises about 1.4% of BTC Capital Management Inc.’s portfolio, making the stock its 16th biggest holding. BTC Capital Management Inc.’s holdings in iShares Russell 1000 Value ETF were worth $21,052,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the business. Reyes Financial Architecture Inc. acquired a new position in iShares Russell 1000 Value ETF during the fourth quarter worth about $25,000. IFC & Insurance Marketing Inc. acquired a new stake in iShares Russell 1000 Value ETF in the 4th quarter valued at about $28,000. Heritage Wealth Advisors purchased a new position in iShares Russell 1000 Value ETF in the 4th quarter worth approximately $31,000. Holos Integrated Wealth LLC acquired a new position in shares of iShares Russell 1000 Value ETF during the 4th quarter worth approximately $31,000. Finally, Grand Wealth Management LLC acquired a new position in shares of iShares Russell 1000 Value ETF during the 4th quarter worth approximately $31,000. 84.93% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell 1000 Value ETF Price Performance

IWD stock opened at $241.00 on Thursday. iShares Russell 1000 Value ETF has a 1 year low of $191.25 and a 1 year high of $245.51. The firm has a market capitalization of $77.41 billion, a PE ratio of 18.83 and a beta of 0.84. The business has a 50 day simple moving average of $234.66 and a 200-day simple moving average of $223.40.

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). 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.