Aristotle Capital Management LLC reduced its holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD – Free Report) by 70.1% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 43,690 shares of the exchange traded fund’s stock after selling 102,220 shares during the quarter. Aristotle Capital Management LLC’s holdings in iShares Russell 1000 Value ETF were worth $9,336,000 at the end of the most recent quarter.
A number of other institutional investors have also recently modified their holdings of the business. Bank of America Corp DE lifted its stake in shares of iShares Russell 1000 Value ETF by 5.4% in the fourth quarter. Bank of America Corp DE now owns 52,256,616 shares of the exchange traded fund’s stock valued at $10,991,657,000 after purchasing an additional 2,686,078 shares during the period. Morgan Stanley grew its position in shares of iShares Russell 1000 Value ETF by 9.0% in the fourth quarter. Morgan Stanley now owns 39,663,587 shares of the exchange traded fund’s stock valued at $8,342,840,000 after purchasing an additional 3,280,476 shares during the last quarter. Goldman Sachs Group Inc. grew its holdings in iShares Russell 1000 Value ETF by 0.8% during the 4th quarter. Goldman Sachs Group Inc. now owns 11,414,192 shares of the exchange traded fund’s stock valued at $2,400,861,000 after buying an additional 85,365 shares during the last quarter. JPMorgan Chase & Co. raised its stake in iShares Russell 1000 Value ETF by 3.8% in the 4th quarter. JPMorgan Chase & Co. now owns 9,251,710 shares of the exchange traded fund’s stock valued at $1,946,005,000 after purchasing an additional 338,948 shares during the last quarter. Finally, Wells Fargo & Company MN raised its position in shares of iShares Russell 1000 Value ETF by 20.3% in the fourth quarter. Wells Fargo & Company MN now owns 5,895,769 shares of the exchange traded fund’s stock valued at $1,240,116,000 after buying an additional 995,230 shares during the last quarter. 84.93% of the stock is currently owned by hedge funds and other institutional investors.
iShares Russell 1000 Value ETF Stock Up 0.8%
Shares of iShares Russell 1000 Value ETF stock opened at $248.24 on Friday. The firm has a market cap of $81.21 billion, a PE ratio of 18.83 and a beta of 0.84. iShares Russell 1000 Value ETF has a fifty-two week low of $191.64 and a fifty-two week high of $250.50. The business’s fifty day moving average is $241.98 and its two-hundred day moving average is $228.74.
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.
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