iShares Russell 1000 Value ETF (IWD) Position Reduced by Destination Wealth Management

Destination Wealth Management lowered its holdings in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 17.4% in the 4th quarter, HoldingsChannel.com reports. The firm owned 3,080 shares of the exchange traded fund’s stock after selling 648 shares during the period. Destination Wealth Management’s holdings in iShares Russell 1000 Value ETF were worth $342,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Envestnet Asset Management Inc. grew its stake in iShares Russell 1000 Value ETF by 866.9% in the third quarter. Envestnet Asset Management Inc. now owns 19,084,615 shares of the exchange traded fund’s stock valued at $2,416,494,000 after acquiring an additional 17,110,866 shares during the period. KLS Professional Advisors Group LLC grew its stake in iShares Russell 1000 Value ETF by 28,262.7% in the fourth quarter. KLS Professional Advisors Group LLC now owns 2,251,146 shares of the exchange traded fund’s stock valued at $249,990,000 after acquiring an additional 2,243,209 shares during the period. Morgan Stanley grew its stake in iShares Russell 1000 Value ETF by 7.3% in the third quarter. Morgan Stanley now owns 7,855,663 shares of the exchange traded fund’s stock valued at $994,684,000 after acquiring an additional 531,067 shares during the period. RNC Capital Management LLC grew its stake in iShares Russell 1000 Value ETF by 20,714.0% in the fourth quarter. RNC Capital Management LLC now owns 504,740 shares of the exchange traded fund’s stock valued at $56,051,000 after acquiring an additional 502,315 shares during the period. Finally, Cambiar Investors LLC grew its stake in iShares Russell 1000 Value ETF by 548.7% in the fourth quarter. Cambiar Investors LLC now owns 470,345 shares of the exchange traded fund’s stock valued at $52,232,000 after acquiring an additional 397,842 shares during the period.

Shares of iShares Russell 1000 Value ETF stock opened at $121.18 on Wednesday. iShares Russell 1000 Value ETF has a 52 week low of $104.07 and a 52 week high of $129.82.

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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).

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Want to see what other hedge funds are holding IWD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Russell 1000 Value ETF (NYSEARCA:IWD).

Institutional Ownership by Quarter for iShares Russell 1000 Value ETF (NYSEARCA:IWD)

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