MJP Associates Inc. ADV Sells 174,307 Shares of iShares Russell 1000 Value ETF $IWD

MJP Associates Inc. ADV lessened its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 98.9% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,854 shares of the exchange traded fund’s stock after selling 174,307 shares during the period. MJP Associates Inc. ADV’s holdings in iShares Russell 1000 Value ETF were worth $390,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Sax Wealth Advisors LLC raised its stake in shares of iShares Russell 1000 Value ETF by 0.5% during the fourth quarter. Sax Wealth Advisors LLC now owns 9,571 shares of the exchange traded fund’s stock valued at $2,013,000 after acquiring an additional 49 shares in the last quarter. Capital Advantage Inc. raised its stake in iShares Russell 1000 Value ETF by 0.9% in the fourth quarter. Capital Advantage Inc. now owns 5,850 shares of the exchange traded fund’s stock worth $1,231,000 after buying an additional 51 shares in the last quarter. JFG Wealth Management LLC raised its stake in iShares Russell 1000 Value ETF by 0.4% in the third quarter. JFG Wealth Management LLC now owns 12,218 shares of the exchange traded fund’s stock worth $2,487,000 after buying an additional 53 shares in the last quarter. Tortoise Investment Management LLC raised its stake in iShares Russell 1000 Value ETF by 2.5% in the third quarter. Tortoise Investment Management LLC now owns 2,251 shares of the exchange traded fund’s stock worth $458,000 after buying an additional 54 shares in the last quarter. Finally, ESL Trust Services LLC raised its stake in iShares Russell 1000 Value ETF by 11.9% in the third quarter. ESL Trust Services LLC now owns 536 shares of the exchange traded fund’s stock worth $109,000 after buying an additional 57 shares in the last quarter. Institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Stock Up 0.4%

Shares of NYSEARCA:IWD opened at $234.70 on Friday. The company has a market capitalization of $75.39 billion, a price-to-earnings ratio of 18.83 and a beta of 0.84. iShares Russell 1000 Value ETF has a 52 week low of $184.69 and a 52 week high of $236.01. The firm has a 50 day moving average of $223.25 and a 200 day moving average of $217.68.

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). The Index represents approximately 50% of the total market capitalization of the Russell 1000 Index. The Index measures the large-capital value sector of the United States equity market.