Smead Capital Management Inc. Trims Stock Holdings in iShares Russell 1000 Value ETF $IWD

Smead Capital Management Inc. lowered its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 11.1% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 6,440 shares of the exchange traded fund’s stock after selling 807 shares during the quarter. Smead Capital Management Inc.’s holdings in iShares Russell 1000 Value ETF were worth $1,212,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in the stock. Truvestments Capital LLC bought a new stake in iShares Russell 1000 Value ETF during the 1st quarter worth approximately $25,000. GKV Capital Management Co. Inc. bought a new position in shares of iShares Russell 1000 Value ETF in the first quarter worth approximately $27,000. Ameriflex Group Inc. purchased a new stake in shares of iShares Russell 1000 Value ETF in the fourth quarter worth $29,000. Whipplewood Advisors LLC bought a new stake in shares of iShares Russell 1000 Value ETF during the 1st quarter valued at $33,000. Finally, Dakota Community Bank & Trust NA bought a new stake in shares of iShares Russell 1000 Value ETF during the 1st quarter valued at $36,000. 84.93% of the stock is owned by hedge funds and other institutional investors.

iShares Russell 1000 Value ETF Stock Performance

IWD opened at $201.60 on Friday. The stock has a market cap of $63.62 billion, a price-to-earnings ratio of 18.83 and a beta of 0.95. The firm’s fifty day moving average is $196.53 and its 200 day moving average is $189.80. iShares Russell 1000 Value ETF has a fifty-two week low of $163.19 and a fifty-two week high of $202.19.

iShares Russell 1000 Value ETF Company 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).