IFP Advisors Inc Cuts Position in iShares Russell 1000 Value ETF $IWD

IFP Advisors Inc lowered its position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 35.9% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 11,340 shares of the exchange traded fund’s stock after selling 6,342 shares during the quarter. IFP Advisors Inc’s holdings in iShares Russell 1000 Value ETF were worth $2,309,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Investment Research Partners LLC acquired a new stake in iShares Russell 1000 Value ETF during the 3rd quarter worth approximately $229,000. KERR FINANCIAL PLANNING Corp acquired a new position in iShares Russell 1000 Value ETF during the third quarter valued at approximately $161,000. LWM Advisory Services LLC grew its stake in iShares Russell 1000 Value ETF by 11.0% during the third quarter. LWM Advisory Services LLC now owns 5,843 shares of the exchange traded fund’s stock worth $1,190,000 after buying an additional 579 shares during the period. Pointe Capital Management LLC grew its stake in iShares Russell 1000 Value ETF by 13.5% during the third quarter. Pointe Capital Management LLC now owns 28,153 shares of the exchange traded fund’s stock worth $5,732,000 after buying an additional 3,351 shares during the period. Finally, Manhattan West Asset Management LLC increased its position in shares of iShares Russell 1000 Value ETF by 10.8% in the third quarter. Manhattan West Asset Management LLC now owns 3,455 shares of the exchange traded fund’s stock worth $703,000 after acquiring an additional 336 shares in the last quarter. Institutional investors and hedge funds own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Trading Down 1.2%

Shares of IWD stock opened at $211.31 on Friday. The company’s fifty day simple moving average is $220.45 and its 200-day simple moving average is $211.26. iShares Russell 1000 Value ETF has a 52 week low of $163.19 and a 52 week high of $226.39. The company has a market cap of $65.83 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). The Index represents approximately 50% of the total market capitalization of the Russell 1000 Index. The Index measures the large-capital value sector of the United States equity market.