Bridges Investment Management Inc. Trims Stock Holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Bridges Investment Management Inc. decreased its position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 1.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 364,036 shares of the exchange traded fund’s stock after selling 4,047 shares during the period. Bridges Investment Management Inc. owned approximately 0.12% of iShares Russell 1000 Value ETF worth $67,394,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Morgan Dempsey Capital Management LLC raised its stake in shares of iShares Russell 1000 Value ETF by 158.6% during the 4th quarter. Morgan Dempsey Capital Management LLC now owns 1,676 shares of the exchange traded fund’s stock valued at $310,000 after buying an additional 1,028 shares during the last quarter. Capital Wealth Planning LLC purchased a new position in shares of iShares Russell 1000 Value ETF during the 4th quarter valued at about $398,000. West Michigan Advisors LLC raised its stake in shares of iShares Russell 1000 Value ETF by 1.4% during the 4th quarter. West Michigan Advisors LLC now owns 6,928 shares of the exchange traded fund’s stock valued at $1,283,000 after buying an additional 95 shares during the last quarter. Providence First Trust Co purchased a new position in shares of iShares Russell 1000 Value ETF during the 4th quarter valued at about $321,000. Finally, Noble Wealth Management PBC purchased a new position in shares of iShares Russell 1000 Value ETF during the 4th quarter valued at about $145,000.

iShares Russell 1000 Value ETF Stock Up 1.3 %

Shares of iShares Russell 1000 Value ETF stock opened at $194.37 on Friday. iShares Russell 1000 Value ETF has a twelve month low of $168.85 and a twelve month high of $200.42. The business has a 50-day moving average price of $190.87 and a 200 day moving average price of $190.37. The firm has a market cap of $62.52 billion, a PE ratio of 19.81 and a beta of 0.98.

iShares Russell 1000 Value ETF 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).