iShares Russell 1000 Value ETF (NYSEARCA:IWD) Shares Sold by Principal Financial Group Inc.

Principal Financial Group Inc. lessened its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 16.4% during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 31,216 shares of the exchange traded fund’s stock after selling 6,141 shares during the quarter. Principal Financial Group Inc.’s holdings in iShares Russell 1000 Value ETF were worth $5,874,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of the business. Brighton Jones LLC grew its position in iShares Russell 1000 Value ETF by 8.9% in the 4th quarter. Brighton Jones LLC now owns 36,663 shares of the exchange traded fund’s stock worth $6,787,000 after purchasing an additional 2,981 shares during the last quarter. Cozad Asset Management Inc. boosted its holdings in shares of iShares Russell 1000 Value ETF by 14.0% in the fourth quarter. Cozad Asset Management Inc. now owns 2,178 shares of the exchange traded fund’s stock valued at $403,000 after acquiring an additional 268 shares in the last quarter. Flagship Wealth Advisors LLC bought a new position in shares of iShares Russell 1000 Value ETF in the fourth quarter valued at approximately $26,000. Tocqueville Asset Management L.P. boosted its holdings in shares of iShares Russell 1000 Value ETF by 252.1% in the fourth quarter. Tocqueville Asset Management L.P. now owns 5,652 shares of the exchange traded fund’s stock valued at $1,046,000 after acquiring an additional 4,047 shares in the last quarter. Finally, Axxcess Wealth Management LLC lifted its stake in iShares Russell 1000 Value ETF by 4.6% during the fourth quarter. Axxcess Wealth Management LLC now owns 16,041 shares of the exchange traded fund’s stock valued at $2,970,000 after purchasing an additional 705 shares during the last quarter. Institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Price Performance

IWD stock opened at $194.82 on Thursday. iShares Russell 1000 Value ETF has a 12 month low of $163.19 and a 12 month high of $200.42. The firm has a market cap of $62.30 billion, a PE ratio of 18.83 and a beta of 0.95. The firm has a 50 day simple moving average of $191.15 and a 200 day simple moving average of $188.19.

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).