iShares Russell 1000 Value ETF $IWD Shares Sold by Mesirow Financial Investment Management Inc.

Mesirow Financial Investment Management Inc. decreased its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 19.9% in the 4th quarter, Holdings Channel reports. The firm owned 167,710 shares of the exchange traded fund’s stock after selling 41,644 shares during the quarter. Mesirow Financial Investment Management Inc.’s holdings in iShares Russell 1000 Value ETF were worth $35,275,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in IWD. Reyes Financial Architecture Inc. acquired a new stake in shares of iShares Russell 1000 Value ETF in the fourth quarter valued at about $25,000. Holos Integrated Wealth LLC acquired a new stake in shares of iShares Russell 1000 Value ETF in the fourth quarter valued at about $31,000. Grand Wealth Management LLC acquired a new stake in shares of iShares Russell 1000 Value ETF in the fourth quarter valued at about $31,000. Eagle Bay Advisors LLC acquired a new stake in shares of iShares Russell 1000 Value ETF in the fourth quarter valued at about $36,000. Finally, Key Capital Management INC acquired a new stake in shares of iShares Russell 1000 Value ETF in the fourth quarter valued at about $40,000. Institutional investors and hedge funds own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Stock Up 0.2%

Shares of NYSEARCA IWD opened at $234.69 on Thursday. iShares Russell 1000 Value ETF has a 52 week low of $184.69 and a 52 week high of $235.11. The firm has a 50-day moving average price of $221.65 and a 200 day moving average price of $216.51. The stock has a market capitalization of $75.38 billion, a price-to-earnings ratio of 18.83 and a beta of 0.84.

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). 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.