iShares Russell 1000 Value ETF (NYSEARCA:IWD) Shares Sold by Towercrest Capital Management

Towercrest Capital Management trimmed its holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 14.7% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,348 shares of the exchange traded fund’s stock after selling 405 shares during the quarter. Towercrest Capital Management’s holdings in iShares Russell 1000 Value ETF were worth $442,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently bought and sold shares of IWD. Ameriflex Group Inc. acquired a new stake in iShares Russell 1000 Value ETF during the 4th quarter worth about $29,000. Transce3nd LLC acquired a new stake in iShares Russell 1000 Value ETF during the 4th quarter worth about $31,000. Whipplewood Advisors LLC acquired a new stake in iShares Russell 1000 Value ETF during the 1st quarter worth about $33,000. Dakota Community Bank & Trust NA acquired a new stake in iShares Russell 1000 Value ETF during the 1st quarter worth about $36,000. Finally, Creative Capital Management Investments LLC acquired a new stake in iShares Russell 1000 Value ETF during the 1st quarter worth about $38,000. 84.93% of the stock is owned by institutional investors and hedge funds.

iShares Russell 1000 Value ETF Price Performance

Shares of IWD opened at $197.07 on Thursday. The company has a market capitalization of $62.38 billion, a price-to-earnings ratio of 18.83 and a beta of 0.95. iShares Russell 1000 Value ETF has a fifty-two week low of $163.19 and a fifty-two week high of $200.42. The business’s 50-day moving average is $192.96 and its 200-day moving average is $189.02.

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).