iShares Russell 1000 Value ETF (NYSEARCA:IWD) Shares Sold by Independent Advisor Alliance

Independent Advisor Alliance reduced its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 5.9% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 1,286 shares of the exchange traded fund’s stock after selling 80 shares during the period. Independent Advisor Alliance’s holdings in iShares Russell 1000 Value ETF were worth $244,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Objectivity Squared LLC grew its position in iShares Russell 1000 Value ETF by 6.6% during the 2nd quarter. Objectivity Squared LLC now owns 51,759 shares of the exchange traded fund’s stock worth $9,440,000 after purchasing an additional 3,215 shares during the period. Raymond James & Associates boosted its stake in shares of iShares Russell 1000 Value ETF by 0.3% during the 2nd quarter. Raymond James & Associates now owns 3,644,049 shares of the exchange traded fund’s stock worth $635,777,000 after acquiring an additional 11,960 shares in the last quarter. Bank of New York Mellon Corp boosted its stake in shares of iShares Russell 1000 Value ETF by 8.8% during the 2nd quarter. Bank of New York Mellon Corp now owns 866,591 shares of the exchange traded fund’s stock worth $151,194,000 after acquiring an additional 70,330 shares in the last quarter. Massachusetts Financial Services Co. MA boosted its stake in shares of iShares Russell 1000 Value ETF by 13.0% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 130,392 shares of the exchange traded fund’s stock worth $24,748,000 after acquiring an additional 14,966 shares in the last quarter. Finally, Lake Hills Wealth Management LLC purchased a new stake in shares of iShares Russell 1000 Value ETF during the 3rd quarter worth about $271,000.

iShares Russell 1000 Value ETF Stock Up 0.2 %

IWD stock opened at $199.79 on Friday. The company’s 50-day simple moving average is $192.15 and its 200-day simple moving average is $183.81. iShares Russell 1000 Value ETF has a 52-week low of $156.18 and a 52-week high of $200.42. The firm has a market cap of $62.58 billion, a P/E ratio of 17.81 and a beta of 0.77.

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).