DB Fitzpatrick & Co Inc Reduces Position in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

DB Fitzpatrick & Co Inc lowered its position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 14.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 769 shares of the exchange traded fund’s stock after selling 126 shares during the quarter. DB Fitzpatrick & Co Inc’s holdings in iShares Russell 1000 Value ETF were worth $142,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Concourse Financial Group Securities Inc. increased its holdings in shares of iShares Russell 1000 Value ETF by 3.0% in the 3rd quarter. Concourse Financial Group Securities Inc. now owns 1,834 shares of the exchange traded fund’s stock valued at $348,000 after acquiring an additional 53 shares during the period. Greenwood Gearhart Inc. increased its stake in iShares Russell 1000 Value ETF by 1.7% in the third quarter. Greenwood Gearhart Inc. now owns 3,212 shares of the exchange traded fund’s stock valued at $610,000 after purchasing an additional 54 shares during the period. Sigma Investment Counselors Inc. increased its stake in iShares Russell 1000 Value ETF by 0.9% in the third quarter. Sigma Investment Counselors Inc. now owns 6,005 shares of the exchange traded fund’s stock valued at $1,140,000 after purchasing an additional 55 shares during the period. Farmers & Merchants Investments Inc. raised its holdings in shares of iShares Russell 1000 Value ETF by 0.8% in the third quarter. Farmers & Merchants Investments Inc. now owns 7,046 shares of the exchange traded fund’s stock valued at $1,337,000 after buying an additional 57 shares during the last quarter. Finally, SteelPeak Wealth LLC boosted its stake in shares of iShares Russell 1000 Value ETF by 4.2% during the third quarter. SteelPeak Wealth LLC now owns 1,430 shares of the exchange traded fund’s stock worth $271,000 after buying an additional 57 shares during the period.

iShares Russell 1000 Value ETF Stock Up 0.7 %

Shares of IWD stock opened at $191.48 on Friday. The stock’s 50-day moving average price is $191.32 and its 200 day moving average price is $186.95. The stock has a market capitalization of $59.98 billion, a PE ratio of 17.81 and a beta of 0.77. iShares Russell 1000 Value ETF has a 52-week low of $160.98 and a 52-week 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).