Buffalo Business & Estate Services Ltd. Sells 3,169 Shares of iShares Russell 1000 Value ETF $IWD

Buffalo Business & Estate Services Ltd. decreased its holdings in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 12.7% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 21,784 shares of the exchange traded fund’s stock after selling 3,169 shares during the quarter. Buffalo Business & Estate Services Ltd.’s holdings in iShares Russell 1000 Value ETF were worth $4,655,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Reyes Financial Architecture Inc. acquired a new stake in iShares Russell 1000 Value ETF in the 4th quarter valued at $25,000. IFC & Insurance Marketing Inc. acquired a new position in shares of iShares Russell 1000 Value ETF during the 4th quarter worth about $28,000. Heritage Wealth Advisors acquired a new position in shares of iShares Russell 1000 Value ETF during the 4th quarter worth about $31,000. Holos Integrated Wealth LLC bought a new position in shares of iShares Russell 1000 Value ETF in the 4th quarter valued at about $31,000. Finally, Grand Wealth Management LLC bought a new position in shares of iShares Russell 1000 Value ETF in the 4th quarter valued at about $31,000. Institutional investors and hedge funds own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Stock Performance

NYSEARCA:IWD opened at $243.53 on Tuesday. The stock’s 50-day simple moving average is $233.93 and its 200 day simple moving average is $222.97. The company has a market cap of $78.22 billion, a P/E ratio of 18.83 and a beta of 0.84. iShares Russell 1000 Value ETF has a 52-week low of $188.55 and a 52-week high of $245.51.

iShares Russell 1000 Value ETF 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.