Central Pacific Bank Trust Division Lowers Stock Position in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Central Pacific Bank Trust Division trimmed its position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 59.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,742 shares of the exchange traded fund’s stock after selling 14,021 shares during the quarter. Central Pacific Bank Trust Division’s holdings in iShares Russell 1000 Value ETF were worth $1,804,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. International Assets Investment Management LLC increased its holdings in shares of iShares Russell 1000 Value ETF by 20,632.6% in the third quarter. International Assets Investment Management LLC now owns 1,407,533 shares of the exchange traded fund’s stock worth $267,150,000 after purchasing an additional 1,400,744 shares during the last quarter. BNP Paribas Financial Markets boosted its position in shares of iShares Russell 1000 Value ETF by 1,200,216.9% during the 3rd quarter. BNP Paribas Financial Markets now owns 780,206 shares of the exchange traded fund’s stock valued at $148,083,000 after acquiring an additional 780,141 shares during the last quarter. Strategic Financial Concepts LLC boosted its position in shares of iShares Russell 1000 Value ETF by 17,863.4% during the 2nd quarter. Strategic Financial Concepts LLC now owns 414,955 shares of the exchange traded fund’s stock valued at $724,000 after acquiring an additional 412,645 shares during the last quarter. FSA Wealth Management LLC bought a new stake in iShares Russell 1000 Value ETF in the third quarter worth $48,404,000. Finally, Kovitz Investment Group Partners LLC raised its stake in iShares Russell 1000 Value ETF by 24.6% during the third quarter. Kovitz Investment Group Partners LLC now owns 825,144 shares of the exchange traded fund’s stock valued at $156,612,000 after purchasing an additional 162,971 shares in the last quarter.

iShares Russell 1000 Value ETF Stock Performance

Shares of NYSEARCA:IWD traded up $1.70 on Friday, reaching $186.46. The company’s stock had a trading volume of 1,797,371 shares, compared to its average volume of 2,410,818. The company has a 50-day simple moving average of $192.00 and a 200 day simple moving average of $186.12. iShares Russell 1000 Value ETF has a 52-week low of $160.98 and a 52-week high of $200.42. The company has a market cap of $58.41 billion, a P/E ratio of 17.81 and a beta of 0.77.

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).