Echo Wealth Management LLC Lowers Stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Echo Wealth Management LLC trimmed its position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 10.8% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,435 shares of the exchange traded fund’s stock after selling 173 shares during the period. Echo Wealth Management LLC’s holdings in iShares Russell 1000 Value ETF were worth $272,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Cetera Investment Advisers raised its holdings in shares of iShares Russell 1000 Value ETF by 162.1% in the 1st quarter. Cetera Investment Advisers now owns 1,223,017 shares of the exchange traded fund’s stock valued at $219,055,000 after buying an additional 756,464 shares during the period. Strategic Financial Concepts LLC lifted its position in shares of iShares Russell 1000 Value ETF by 17,863.4% during the second quarter. Strategic Financial Concepts LLC now owns 414,955 shares of the exchange traded fund’s stock worth $724,000 after purchasing an additional 412,645 shares in the last quarter. Raymond James Financial Services Advisors Inc. boosted its stake in shares of iShares Russell 1000 Value ETF by 31.6% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 1,122,375 shares of the exchange traded fund’s stock valued at $195,821,000 after purchasing an additional 269,405 shares during the period. Stairway Partners LLC grew its holdings in shares of iShares Russell 1000 Value ETF by 13.9% in the third quarter. Stairway Partners LLC now owns 1,192,974 shares of the exchange traded fund’s stock valued at $226,426,000 after purchasing an additional 145,967 shares in the last quarter. Finally, Global Assets Advisory LLC purchased a new stake in iShares Russell 1000 Value ETF during the 1st quarter worth approximately $24,710,000.

iShares Russell 1000 Value ETF Stock Up 0.2 %

iShares Russell 1000 Value ETF stock opened at $193.65 on Monday. iShares Russell 1000 Value ETF has a 52-week low of $143.34 and a 52-week high of $193.77. The firm has a market cap of $60.66 billion, a PE ratio of 17.81 and a beta of 0.77. The company’s 50 day moving average is $186.92 and its two-hundred day moving average is $179.75.

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).