Envestnet Portfolio Solutions Inc. Sells 65,839 Shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Envestnet Portfolio Solutions Inc. trimmed its position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 28.7% during the first quarter, according to its most recent 13F filing with the SEC. The fund owned 163,819 shares of the exchange traded fund’s stock after selling 65,839 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in iShares Russell 1000 Value ETF were worth $29,342,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of the company. Concord Investment Counsel Inc. bought a new position in shares of iShares Russell 1000 Value ETF in the 1st quarter worth $290,000. Ballast Inc. boosted its position in shares of iShares Russell 1000 Value ETF by 1.5% in the 1st quarter. Ballast Inc. now owns 33,566 shares of the exchange traded fund’s stock worth $6,012,000 after purchasing an additional 493 shares during the last quarter. Gallacher Capital Management LLC boosted its position in shares of iShares Russell 1000 Value ETF by 19.2% in the 1st quarter. Gallacher Capital Management LLC now owns 2,246 shares of the exchange traded fund’s stock worth $402,000 after purchasing an additional 361 shares during the last quarter. Advisory Services Network LLC raised its stake in iShares Russell 1000 Value ETF by 1.4% during the 1st quarter. Advisory Services Network LLC now owns 34,024 shares of the exchange traded fund’s stock worth $6,094,000 after buying an additional 468 shares during the period. Finally, Hemington Wealth Management raised its stake in iShares Russell 1000 Value ETF by 35.6% during the 1st quarter. Hemington Wealth Management now owns 5,541 shares of the exchange traded fund’s stock worth $993,000 after buying an additional 1,454 shares during the period.

iShares Russell 1000 Value ETF Stock Up 0.6 %

iShares Russell 1000 Value ETF stock traded up $1.13 during mid-day trading on Friday, hitting $178.67. 937,851 shares of the company’s stock were exchanged, compared to its average volume of 1,823,234. The firm has a market capitalization of $55.97 billion, a P/E 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 $179.57. The company’s 50 day simple moving average is $175.45 and its 200-day simple moving average is $171.96.

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).