Assetmark Inc. Sells 5,573 Shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Assetmark Inc. reduced its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 37.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,225 shares of the exchange traded fund’s stock after selling 5,573 shares during the period. Assetmark Inc.’s holdings in iShares Russell 1000 Value ETF were worth $1,524,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the stock. Partnership Wealth Management LLC purchased a new stake in iShares Russell 1000 Value ETF in the fourth quarter worth about $28,000. Headinvest LLC purchased a new stake in iShares Russell 1000 Value ETF in the third quarter worth about $29,000. CarsonAllaria Wealth Management Ltd. grew its holdings in iShares Russell 1000 Value ETF by 84.4% in the fourth quarter. CarsonAllaria Wealth Management Ltd. now owns 177 shares of the exchange traded fund’s stock worth $29,000 after purchasing an additional 81 shares during the period. Peachtree Investment Partners LLC grew its holdings in iShares Russell 1000 Value ETF by 84.8% in the third quarter. Peachtree Investment Partners LLC now owns 194 shares of the exchange traded fund’s stock worth $30,000 after purchasing an additional 89 shares during the period. Finally, Access Investment Management LLC purchased a new stake in iShares Russell 1000 Value ETF in the fourth quarter worth about $30,000.

iShares Russell 1000 Value ETF Stock Performance

Shares of IWD opened at $176.54 on Friday. The stock has a market cap of $55.30 billion, a PE ratio of 17.81 and a beta of 0.77. iShares Russell 1000 Value ETF has a fifty-two week low of $143.34 and a fifty-two week high of $179.56. The firm’s 50-day simple moving average is $175.21 and its two-hundred day simple moving average is $167.97.

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).