Beirne Wealth Consulting Services LLC Decreases Position in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Beirne Wealth Consulting Services LLC cut its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 9.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,990 shares of the exchange traded fund’s stock after selling 608 shares during the quarter. Beirne Wealth Consulting Services LLC’s holdings in iShares Russell 1000 Value ETF were worth $817,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the stock. Morgan Stanley increased its holdings in shares of iShares Russell 1000 Value ETF by 1.3% during the 2nd quarter. Morgan Stanley now owns 8,597,967 shares of the exchange traded fund’s stock worth $1,093,834,000 after buying an additional 113,904 shares during the last quarter. UBS Group AG boosted its position in shares of iShares Russell 1000 Value ETF by 1.6% during the 2nd quarter. UBS Group AG now owns 5,679,840 shares of the exchange traded fund’s stock worth $722,589,000 after purchasing an additional 89,062 shares during the period. Envestnet Asset Management Inc. boosted its position in shares of iShares Russell 1000 Value ETF by 4.0% during the 3rd quarter. Envestnet Asset Management Inc. now owns 4,782,085 shares of the exchange traded fund’s stock worth $613,350,000 after purchasing an additional 184,048 shares during the period. Synovus Financial Corp boosted its position in shares of iShares Russell 1000 Value ETF by 1.4% during the 3rd quarter. Synovus Financial Corp now owns 3,341,198 shares of the exchange traded fund’s stock worth $428,552,000 after purchasing an additional 47,673 shares during the period. Finally, Boston Private Wealth LLC boosted its position in shares of iShares Russell 1000 Value ETF by 6,670.3% during the 3rd quarter. Boston Private Wealth LLC now owns 2,332,992 shares of the exchange traded fund’s stock worth $299,230,000 after purchasing an additional 2,298,533 shares during the period.

NYSEARCA:IWD opened at $136.96 on Tuesday. The company has a 50 day moving average price of $135.45 and a 200 day moving average price of $129.92. iShares Russell 1000 Value ETF has a fifty-two week low of $114.04 and a fifty-two week high of $137.18.

The firm also recently declared a quarterly dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were given a $1.1535 dividend. This represents a $4.61 annualized dividend and a yield of 3.37%. The ex-dividend date of this dividend was Monday, December 16th. This is a boost from iShares Russell 1000 Value ETF’s previous quarterly dividend of $0.70.

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).

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Institutional Ownership by Quarter for iShares Russell 1000 Value ETF (NYSEARCA:IWD)

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