Carret Asset Management LLC Sells 18,922 Shares of iShares Russell 1000 Value ETF $IWD

Carret Asset Management LLC reduced its holdings in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 49.5% in the third quarter, HoldingsChannel reports. The fund owned 19,283 shares of the exchange traded fund’s stock after selling 18,922 shares during the period. Carret Asset Management LLC’s holdings in iShares Russell 1000 Value ETF were worth $4,781,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of IWD. Edgemoor Investment Advisors Inc. purchased a new position in iShares Russell 1000 Value ETF during the third quarter valued at $621,000. M Holdings Securities Inc. purchased a new stake in shares of iShares Russell 1000 Value ETF in the third quarter worth $1,212,000. Avantax Planning Partners Inc. purchased a new stake in shares of iShares Russell 1000 Value ETF in the third quarter worth $2,411,000. Brighton Jones LLC bought a new position in shares of iShares Russell 1000 Value ETF during the third quarter valued at $8,859,000. Finally, American State Bank Iowa increased its holdings in shares of iShares Russell 1000 Value ETF by 16.7% during the third quarter. American State Bank Iowa now owns 40,039 shares of the exchange traded fund’s stock valued at $9,927,000 after acquiring an additional 5,728 shares in the last quarter. 84.93% of the stock is owned by hedge funds and other institutional investors.

iShares Russell 1000 Value ETF Price Performance

Shares of NYSEARCA:IWD opened at $257.45 on Monday. The business has a fifty day moving average price of $254.98 and a 200-day moving average price of $239.16. The company has a market capitalization of $82.83 billion, a PE ratio of 18.83 and a beta of 0.84. iShares Russell 1000 Value ETF has a 1-year low of $199.79 and a 1-year high of $267.24.

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.