Lakewood Asset Management LLC Sells 386 Shares of iShares Russell 1000 Value ETF $IWD

Lakewood Asset Management LLC cut its position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 7.7% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,650 shares of the exchange traded fund’s stock after selling 386 shares during the quarter. Lakewood Asset Management LLC’s holdings in iShares Russell 1000 Value ETF were worth $903,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Goldman Sachs Group Inc. grew its position in shares of iShares Russell 1000 Value ETF by 2.4% in the first quarter. Goldman Sachs Group Inc. now owns 15,629,692 shares of the exchange traded fund’s stock valued at $2,940,883,000 after purchasing an additional 363,429 shares in the last quarter. Baird Financial Group Inc. grew its position in shares of iShares Russell 1000 Value ETF by 1.8% in the first quarter. Baird Financial Group Inc. now owns 4,681,498 shares of the exchange traded fund’s stock valued at $880,871,000 after purchasing an additional 81,955 shares in the last quarter. Northern Trust Corp grew its position in shares of iShares Russell 1000 Value ETF by 5.9% in the first quarter. Northern Trust Corp now owns 4,518,369 shares of the exchange traded fund’s stock valued at $850,176,000 after purchasing an additional 253,088 shares in the last quarter. LPL Financial LLC grew its position in shares of iShares Russell 1000 Value ETF by 6.2% in the first quarter. LPL Financial LLC now owns 3,949,393 shares of the exchange traded fund’s stock valued at $743,118,000 after purchasing an additional 229,198 shares in the last quarter. Finally, M&T Bank Corp grew its position in shares of iShares Russell 1000 Value ETF by 2.2% in the first quarter. M&T Bank Corp now owns 3,804,155 shares of the exchange traded fund’s stock valued at $715,790,000 after purchasing an additional 83,318 shares in the last quarter. 84.93% of the stock is currently owned by institutional investors.

iShares Russell 1000 Value ETF Stock Performance

Shares of NYSEARCA IWD opened at $202.98 on Friday. The stock has a market cap of $64.06 billion, a PE 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 $204.02. The stock has a fifty day moving average of $199.56 and a 200-day moving average of $191.27.

About iShares Russell 1000 Value ETF

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).