Becker Capital Management Inc. Sells 2,534 Shares of iShares Russell 1000 Value ETF $IWD

Becker Capital Management Inc. lowered its position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 14.0% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 15,593 shares of the exchange traded fund’s stock after selling 2,534 shares during the quarter. Becker Capital Management Inc.’s holdings in iShares Russell 1000 Value ETF were worth $3,029,000 as of its most recent SEC filing.

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

iShares Russell 1000 Value ETF Stock Performance

Shares of NYSEARCA:IWD opened at $211.49 on Thursday. The company’s fifty day moving average is $205.37 and its 200-day moving average is $199.64. iShares Russell 1000 Value ETF has a 52 week low of $163.19 and a 52 week high of $211.92. The company has a market capitalization of $67.27 billion, a PE ratio of 18.83 and a beta of 0.89.

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).