Highland Capital Management LLC Cuts Stock Holdings in iShares Russell 1000 Value ETF $IWD

Highland Capital Management LLC reduced its position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 0.7% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 22,649 shares of the exchange traded fund’s stock after selling 168 shares during the period. Highland Capital Management LLC’s holdings in iShares Russell 1000 Value ETF were worth $4,399,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Goldman Sachs Group Inc. grew its holdings in shares of iShares Russell 1000 Value ETF by 2.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 15,629,692 shares of the exchange traded fund’s stock worth $2,940,883,000 after acquiring an additional 363,429 shares during the period. Baird Financial Group Inc. boosted its position in iShares Russell 1000 Value ETF by 1.8% during the first quarter. Baird Financial Group Inc. now owns 4,681,498 shares of the exchange traded fund’s stock worth $880,871,000 after purchasing an additional 81,955 shares in the last quarter. Northern Trust Corp boosted its position in iShares Russell 1000 Value ETF by 5.9% during the first quarter. Northern Trust Corp now owns 4,518,369 shares of the exchange traded fund’s stock worth $850,176,000 after purchasing an additional 253,088 shares in the last quarter. LPL Financial LLC boosted its position in iShares Russell 1000 Value ETF by 6.2% during the first quarter. LPL Financial LLC now owns 3,949,393 shares of the exchange traded fund’s stock worth $743,118,000 after purchasing an additional 229,198 shares in the last quarter. Finally, M&T Bank Corp boosted its position in iShares Russell 1000 Value ETF by 2.2% during the first quarter. M&T Bank Corp now owns 3,804,155 shares of the exchange traded fund’s stock worth $715,790,000 after purchasing an additional 83,318 shares in the last quarter. 84.93% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell 1000 Value ETF Stock Performance

IWD opened at $204.96 on Friday. The business’s fifty day moving average is $200.15 and its two-hundred day moving average is $191.87. The company has a market cap of $64.58 billion, a price-to-earnings ratio of 18.83 and a beta of 0.95. iShares Russell 1000 Value ETF has a one year low of $163.19 and a one year high of $206.01.

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).