Grubman Wealth Management Sells 3,965 Shares of iShares Russell 1000 Value Index (IWD)

Grubman Wealth Management decreased its holdings in iShares Russell 1000 Value Index (NYSEARCA:IWD) by 2.3% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 166,777 shares of the exchange traded fund’s stock after selling 3,965 shares during the quarter. iShares Russell 1000 Value Index accounts for approximately 14.6% of Grubman Wealth Management’s holdings, making the stock its 2nd largest position. Grubman Wealth Management owned approximately 0.05% of iShares Russell 1000 Value Index worth $20,737,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Capital Guardian Trust Co. purchased a new stake in shares of iShares Russell 1000 Value Index during the third quarter valued at $105,000. Moisand Fitzgerald Tamayo LLC purchased a new stake in iShares Russell 1000 Value Index in the 3rd quarter worth about $112,000. Vestor Capital LLC purchased a new stake in iShares Russell 1000 Value Index in the 2nd quarter worth about $131,000. Farmers National Bank lifted its stake in iShares Russell 1000 Value Index by 26.1% in the 2nd quarter. Farmers National Bank now owns 1,410 shares of the exchange traded fund’s stock worth $164,000 after acquiring an additional 292 shares in the last quarter. Finally, Cable Hill Partners LLC lifted its stake in iShares Russell 1000 Value Index by 13,230.8% in the 3rd quarter. Cable Hill Partners LLC now owns 1,733 shares of the exchange traded fund’s stock worth $205,000 after acquiring an additional 1,720 shares in the last quarter.

iShares Russell 1000 Value Index (IWD) opened at $129.33 on Friday. iShares Russell 1000 Value Index has a 52-week low of $112.09 and a 52-week high of $131.56. The firm has a market capitalization of $40,050.00 and a PE ratio of 15.70.

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About iShares Russell 1000 Value Index

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).

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

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