Assetmark Inc. Reduces Holdings in iShares Russell 1000 Value ETF $IWD

Assetmark Inc. lowered its holdings in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 25.8% in the first quarter, HoldingsChannel.com reports. The fund owned 23,785 shares of the exchange traded fund’s stock after selling 8,252 shares during the quarter. Assetmark Inc.’s holdings in iShares Russell 1000 Value ETF were worth $5,082,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of IWD. Simplicity Wealth LLC increased its position in iShares Russell 1000 Value ETF by 0.3% during the first quarter. Simplicity Wealth LLC now owns 16,034 shares of the exchange traded fund’s stock worth $3,426,000 after buying an additional 44 shares in the last quarter. Falcon Wealth Planning boosted its stake in shares of iShares Russell 1000 Value ETF by 3.9% during the first quarter. Falcon Wealth Planning now owns 1,204 shares of the exchange traded fund’s stock valued at $257,000 after acquiring an additional 45 shares during the last quarter. Members Wealth LLC boosted its stake in shares of iShares Russell 1000 Value ETF by 3.6% during the first quarter. Members Wealth LLC now owns 1,330 shares of the exchange traded fund’s stock valued at $301,000 after acquiring an additional 46 shares during the last quarter. Cardiff Park Advisors LLC boosted its stake in shares of iShares Russell 1000 Value ETF by 0.6% during the fourth quarter. Cardiff Park Advisors LLC now owns 7,433 shares of the exchange traded fund’s stock valued at $1,563,000 after acquiring an additional 46 shares during the last quarter. Finally, Sax Wealth Advisors LLC increased its position in iShares Russell 1000 Value ETF by 0.5% during the 4th quarter. Sax Wealth Advisors LLC now owns 9,571 shares of the exchange traded fund’s stock worth $2,013,000 after purchasing an additional 49 shares in the last quarter. Hedge funds and other institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Trading Up 0.2%

Shares of IWD stock opened at $247.44 on Wednesday. The firm has a 50-day moving average price of $241.19 and a 200 day moving average price of $228.11. iShares Russell 1000 Value ETF has a twelve month low of $191.64 and a twelve month high of $250.50. The company has a market capitalization of $81.70 billion, a price-to-earnings ratio of 18.83 and a beta of 0.84.

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.