Keel Point LLC Has $17.54 Million Holdings in iShares Russell 1000 Value ETF $IWD

Keel Point LLC cut its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 9.4% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 82,093 shares of the exchange traded fund’s stock after selling 8,567 shares during the period. iShares Russell 1000 Value ETF makes up approximately 1.2% of Keel Point LLC’s holdings, making the stock its 16th biggest position. Keel Point LLC’s holdings in iShares Russell 1000 Value ETF were worth $17,541,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of IWD. Bank of America Corp DE increased its holdings in shares of iShares Russell 1000 Value ETF by 5.4% during the 4th quarter. Bank of America Corp DE now owns 52,256,616 shares of the exchange traded fund’s stock worth $10,991,657,000 after purchasing an additional 2,686,078 shares during the period. Morgan Stanley lifted its stake in shares of iShares Russell 1000 Value ETF by 9.0% in the fourth quarter. Morgan Stanley now owns 39,663,587 shares of the exchange traded fund’s stock valued at $8,342,840,000 after buying an additional 3,280,476 shares during the period. Goldman Sachs Group Inc. lifted its stake in shares of iShares Russell 1000 Value ETF by 0.8% in the fourth quarter. Goldman Sachs Group Inc. now owns 11,414,192 shares of the exchange traded fund’s stock valued at $2,400,861,000 after buying an additional 85,365 shares during the period. JPMorgan Chase & Co. grew its position in iShares Russell 1000 Value ETF by 3.8% during the fourth quarter. JPMorgan Chase & Co. now owns 9,251,710 shares of the exchange traded fund’s stock worth $1,946,005,000 after buying an additional 338,948 shares in the last quarter. Finally, Wells Fargo & Company MN grew its position in iShares Russell 1000 Value ETF by 20.3% during the fourth quarter. Wells Fargo & Company MN now owns 5,895,769 shares of the exchange traded fund’s stock worth $1,240,116,000 after buying an additional 995,230 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 Up 0.4%

Shares of IWD opened at $251.82 on Friday. iShares Russell 1000 Value ETF has a 12-month low of $191.64 and a 12-month high of $252.73. The firm has a market capitalization of $81.90 billion, a price-to-earnings ratio of 18.83 and a beta of 0.84. The stock’s 50-day moving average price is $243.68 and its 200 day moving average price is $229.97.

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). 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.