Advisors Capital Management LLC Has $1.14 Million Holdings in iShares Russell 1000 Value ETF $IWD

Advisors Capital Management LLC cut its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 2.3% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 6,048 shares of the exchange traded fund’s stock after selling 143 shares during the period. Advisors Capital Management LLC’s holdings in iShares Russell 1000 Value ETF were worth $1,138,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the stock. Bond & Devick Financial Network Inc. grew its stake in shares of iShares Russell 1000 Value ETF by 0.6% during the first quarter. Bond & Devick Financial Network Inc. now owns 10,592 shares of the exchange traded fund’s stock worth $1,993,000 after purchasing an additional 63 shares during the period. Harbor Investment Advisory LLC grew its stake in shares of iShares Russell 1000 Value ETF by 0.3% during the first quarter. Harbor Investment Advisory LLC now owns 19,548 shares of the exchange traded fund’s stock worth $3,678,000 after purchasing an additional 63 shares during the period. Virtue Capital Management LLC grew its stake in shares of iShares Russell 1000 Value ETF by 1.6% during the fourth quarter. Virtue Capital Management LLC now owns 4,104 shares of the exchange traded fund’s stock worth $760,000 after purchasing an additional 65 shares during the period. Seven Mile Advisory grew its stake in iShares Russell 1000 Value ETF by 0.8% in the first quarter. Seven Mile Advisory now owns 7,976 shares of the exchange traded fund’s stock valued at $1,501,000 after acquiring an additional 65 shares during the period. Finally, Rodgers & Associates LTD grew its stake in iShares Russell 1000 Value ETF by 1.8% in the first quarter. Rodgers & Associates LTD now owns 3,831 shares of the exchange traded fund’s stock valued at $721,000 after acquiring an additional 68 shares during the period. 84.93% of the stock is owned by institutional investors and hedge funds.

iShares Russell 1000 Value ETF Trading Down 0.6%

NYSEARCA:IWD opened at $202.63 on Friday. iShares Russell 1000 Value ETF has a 1 year low of $163.19 and a 1 year high of $204.02. The stock has a market cap of $63.95 billion, a price-to-earnings ratio of 18.83 and a beta of 0.95. The stock has a 50-day moving average price of $198.26 and a two-hundred day moving average price of $190.37.

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).