iShares Russell 1000 Value ETF (NYSEARCA:IWD) Stock Position Lowered by Modera Wealth Management LLC

Modera Wealth Management LLC lowered its position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 1.8% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 451,789 shares of the exchange traded fund’s stock after selling 8,317 shares during the quarter. iShares Russell 1000 Value ETF accounts for approximately 1.1% of Modera Wealth Management LLC’s investment portfolio, making the stock its 20th largest position. Modera Wealth Management LLC owned approximately 0.14% of iShares Russell 1000 Value ETF worth $85,750,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the company. Objectivity Squared LLC boosted its position in shares of iShares Russell 1000 Value ETF by 6.6% during the 2nd quarter. Objectivity Squared LLC now owns 51,759 shares of the exchange traded fund’s stock valued at $9,440,000 after purchasing an additional 3,215 shares in the last quarter. Raymond James & Associates grew its position in iShares Russell 1000 Value ETF by 0.3% in the second quarter. Raymond James & Associates now owns 3,644,049 shares of the exchange traded fund’s stock worth $635,777,000 after buying an additional 11,960 shares during the last quarter. Bank of New York Mellon Corp increased its holdings in shares of iShares Russell 1000 Value ETF by 8.8% in the second quarter. Bank of New York Mellon Corp now owns 866,591 shares of the exchange traded fund’s stock valued at $151,194,000 after buying an additional 70,330 shares in the last quarter. Empowered Funds LLC acquired a new stake in shares of iShares Russell 1000 Value ETF during the 1st quarter valued at $290,000. Finally, Lake Hills Wealth Management LLC bought a new stake in shares of iShares Russell 1000 Value ETF during the 3rd quarter worth $271,000.

iShares Russell 1000 Value ETF Stock Down 0.7 %

Shares of iShares Russell 1000 Value ETF stock opened at $189.27 on Friday. iShares Russell 1000 Value ETF has a 12-month low of $143.34 and a 12-month high of $193.77. The firm has a market capitalization of $59.29 billion, a PE ratio of 17.81 and a beta of 0.77. The stock’s fifty day moving average is $188.00 and its 200-day moving average is $180.22.

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).