iShares Russell 1000 Value ETF (NYSEARCA:IWD) Holdings Lowered by Alaska Permanent Fund Corp

Alaska Permanent Fund Corp decreased its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 6.1% in the fourth quarter, HoldingsChannel reports. The firm owned 1,038,753 shares of the exchange traded fund’s stock after selling 67,349 shares during the period. iShares Russell 1000 Value ETF accounts for 2.8% of Alaska Permanent Fund Corp’s holdings, making the stock its 12th biggest position. Alaska Permanent Fund Corp’s holdings in iShares Russell 1000 Value ETF were worth $171,654,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Harvest Fund Management Co. Ltd boosted its stake in iShares Russell 1000 Value ETF by 5,631.8% in the 4th quarter. Harvest Fund Management Co. Ltd now owns 2,522 shares of the exchange traded fund’s stock worth $417,000 after purchasing an additional 2,478 shares during the period. Fountainhead AM LLC purchased a new stake in shares of iShares Russell 1000 Value ETF in the fourth quarter valued at $292,000. Arbor Wealth Advisors LLC acquired a new stake in shares of iShares Russell 1000 Value ETF in the fourth quarter worth $316,000. GAMMA Investing LLC acquired a new stake in shares of iShares Russell 1000 Value ETF in the fourth quarter worth $338,000. Finally, Eudaimonia Advisors LLC purchased a new position in shares of iShares Russell 1000 Value ETF during the fourth quarter valued at $205,000.

iShares Russell 1000 Value ETF Price Performance

iShares Russell 1000 Value ETF stock traded up $1.68 during mid-day trading on Tuesday, hitting $173.66. The company’s stock had a trading volume of 1,765,237 shares, compared to its average volume of 2,181,898. iShares Russell 1000 Value ETF has a 52-week low of $143.34 and a 52-week high of $179.56. The company has a market cap of $54.42 billion, a PE ratio of 17.74 and a beta of 0.80. The firm’s 50 day moving average is $173.38 and its 200 day moving average is $163.79.

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).