D.A. Davidson & CO. Decreases Stock Holdings in iShares Russell 1000 Value ETF $IWD

D.A. Davidson & CO. decreased its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 27.2% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 19,898 shares of the exchange traded fund’s stock after selling 7,416 shares during the period. D.A. Davidson & CO.’s holdings in iShares Russell 1000 Value ETF were worth $4,252,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in IWD. Bank of New York Mellon Corp boosted its stake in shares of iShares Russell 1000 Value ETF by 5.3% in the 1st quarter. Bank of New York Mellon Corp now owns 903,575 shares of the exchange traded fund’s stock worth $193,067,000 after buying an additional 45,283 shares during the last quarter. Robinson Value Management Ltd. increased its position in iShares Russell 1000 Value ETF by 4.2% during the first quarter. Robinson Value Management Ltd. now owns 4,779 shares of the exchange traded fund’s stock valued at $1,021,000 after acquiring an additional 192 shares during the last quarter. SouthState Bank Corp lifted its holdings in iShares Russell 1000 Value ETF by 1.4% in the first quarter. SouthState Bank Corp now owns 7,314 shares of the exchange traded fund’s stock valued at $1,563,000 after acquiring an additional 103 shares during the period. Luts & Greenleigh Group Inc. boosted its position in iShares Russell 1000 Value ETF by 4.0% in the first quarter. Luts & Greenleigh Group Inc. now owns 8,757 shares of the exchange traded fund’s stock worth $1,871,000 after purchasing an additional 335 shares during the last quarter. Finally, Sanctuary Advisors LLC boosted its position in iShares Russell 1000 Value ETF by 2.1% in the first quarter. Sanctuary Advisors LLC now owns 146,216 shares of the exchange traded fund’s stock worth $31,242,000 after purchasing an additional 3,058 shares during the last quarter. Institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Stock Down 0.6%

iShares Russell 1000 Value ETF stock opened at $248.03 on Friday. iShares Russell 1000 Value ETF has a 52-week low of $191.64 and a 52-week high of $250.50. The company has a market cap of $81.81 billion, a P/E ratio of 18.83 and a beta of 0.84. The business has a 50-day simple moving average of $240.67 and a two-hundred day simple moving average of $227.49.

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.