International Assets Investment Management LLC Has $1.97 Million Position in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

International Assets Investment Management LLC decreased its holdings in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 99.2% in the 4th quarter, HoldingsChannel reports. The firm owned 10,672 shares of the exchange traded fund’s stock after selling 1,396,861 shares during the period. International Assets Investment Management LLC’s holdings in iShares Russell 1000 Value ETF were worth $1,972,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also added to or reduced their stakes in IWD. First County Bank CT acquired a new stake in shares of iShares Russell 1000 Value ETF during the 4th quarter worth about $322,000. Stairway Partners LLC raised its holdings in iShares Russell 1000 Value ETF by 3.6% in the 4th quarter. Stairway Partners LLC now owns 1,235,849 shares of the exchange traded fund’s stock valued at $228,793,000 after acquiring an additional 42,875 shares during the period. GAMMA Investing LLC lifted its position in iShares Russell 1000 Value ETF by 34.1% during the fourth quarter. GAMMA Investing LLC now owns 13,332 shares of the exchange traded fund’s stock worth $2,468,000 after acquiring an additional 3,391 shares during the last quarter. Confluence Investment Management LLC bought a new stake in shares of iShares Russell 1000 Value ETF during the fourth quarter worth approximately $5,253,000. Finally, SK Wealth Management LLC acquired a new position in shares of iShares Russell 1000 Value ETF in the third quarter valued at approximately $229,000.

iShares Russell 1000 Value ETF Trading Up 0.1 %

Shares of NYSEARCA IWD opened at $186.23 on Thursday. The firm has a market cap of $58.34 billion, a P/E ratio of 17.81 and a beta of 0.77. The business’s 50 day moving average is $191.73 and its 200-day moving average is $186.53. iShares Russell 1000 Value ETF has a 1-year low of $160.98 and a 1-year high of $200.42.

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).