ARK & TLK Investments LLC Reduces Stock Position in iShares Russell 1000 Value ETF $IWD

ARK & TLK Investments LLC decreased its holdings in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 2.3% in the 2nd quarter, HoldingsChannel reports. The firm owned 33,540 shares of the exchange traded fund’s stock after selling 773 shares during the period. iShares Russell 1000 Value ETF makes up approximately 2.1% of ARK & TLK Investments LLC’s holdings, making the stock its 10th largest holding. ARK & TLK Investments LLC’s holdings in iShares Russell 1000 Value ETF were worth $6,515,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Atlantic Union Bankshares Corp lifted its holdings in iShares Russell 1000 Value ETF by 612.7% during the 2nd quarter. Atlantic Union Bankshares Corp now owns 23,036 shares of the exchange traded fund’s stock worth $4,474,000 after purchasing an additional 19,804 shares during the last quarter. 1ST Source Bank grew its holdings in iShares Russell 1000 Value ETF by 0.3% in the 2nd quarter. 1ST Source Bank now owns 677,377 shares of the exchange traded fund’s stock valued at $131,567,000 after buying an additional 2,259 shares in the last quarter. American National Bank & Trust grew its holdings in iShares Russell 1000 Value ETF by 8.1% in the 2nd quarter. American National Bank & Trust now owns 4,768 shares of the exchange traded fund’s stock valued at $926,000 after buying an additional 358 shares in the last quarter. Apollon Wealth Management LLC increased its position in iShares Russell 1000 Value ETF by 0.8% during the 2nd quarter. Apollon Wealth Management LLC now owns 13,685 shares of the exchange traded fund’s stock worth $2,658,000 after buying an additional 106 shares during the period. Finally, Falcon Wealth Planning increased its position in iShares Russell 1000 Value ETF by 6.5% during the 2nd quarter. Falcon Wealth Planning now owns 1,166 shares of the exchange traded fund’s stock worth $226,000 after buying an additional 71 shares during the period. 84.93% of the stock is owned by institutional investors.

iShares Russell 1000 Value ETF Stock Performance

IWD opened at $208.55 on Tuesday. The stock has a fifty day moving average of $204.39 and a 200-day moving average of $198.69. The company has a market capitalization of $66.34 billion, a P/E ratio of 18.83 and a beta of 0.89. iShares Russell 1000 Value ETF has a fifty-two week low of $163.19 and a fifty-two week high of $210.18.

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).