SG Americas Securities LLC Sells 5,744 Shares of iShares Russell 1000 Value ETF $IWD

SG Americas Securities LLC lowered its holdings in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 22.6% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,626 shares of the exchange traded fund’s stock after selling 5,744 shares during the period. SG Americas Securities LLC’s holdings in iShares Russell 1000 Value ETF were worth $4,193,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of IWD. Morgan Stanley lifted its holdings in shares of iShares Russell 1000 Value ETF by 9.0% during the 4th quarter. Morgan Stanley now owns 39,663,587 shares of the exchange traded fund’s stock worth $8,342,840,000 after acquiring an additional 3,280,476 shares during the period. Bank of America Corp DE increased its stake in 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 acquiring an additional 2,686,078 shares during the period. 71 West Capital Partners bought a new stake in iShares Russell 1000 Value ETF in the fourth quarter valued at about $240,065,000. Wells Fargo & Company MN increased its stake in 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 acquiring an additional 995,230 shares during the period. Finally, Focus Partners Wealth raised its position in iShares Russell 1000 Value ETF by 151.8% in the fourth quarter. Focus Partners Wealth now owns 1,412,808 shares of the exchange traded fund’s stock worth $297,152,000 after purchasing an additional 851,770 shares in the last quarter. Institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Stock Down 0.0%

Shares of IWD opened at $242.75 on Tuesday. The company has a 50-day moving average price of $235.78 and a two-hundred day moving average price of $224.12. The stock has a market cap of $77.97 billion, a price-to-earnings ratio of 18.83 and a beta of 0.84. iShares Russell 1000 Value ETF has a 12 month low of $191.64 and a 12 month high of $245.71.

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.