Stratos Investment Management LLC Sells 4,476 Shares of iShares Russell 1000 Value ETF $IWD

Stratos Investment Management LLC trimmed its holdings in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 3.7% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 116,297 shares of the exchange traded fund’s stock after selling 4,476 shares during the quarter. iShares Russell 1000 Value ETF accounts for 1.0% of Stratos Investment Management LLC’s holdings, making the stock its 27th biggest position. Stratos Investment Management LLC’s holdings in iShares Russell 1000 Value ETF were worth $22,588,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Truvestments Capital LLC bought a new stake in iShares Russell 1000 Value ETF during the 1st quarter worth approximately $25,000. GKV Capital Management Co. Inc. bought a new stake in iShares Russell 1000 Value ETF during the 1st quarter worth approximately $27,000. RMG Wealth Management LLC bought a new stake in iShares Russell 1000 Value ETF during the 2nd quarter worth approximately $33,000. Valley Wealth Managers Inc. increased its stake in iShares Russell 1000 Value ETF by 78.0% during the 1st quarter. Valley Wealth Managers Inc. now owns 210 shares of the exchange traded fund’s stock worth $40,000 after purchasing an additional 92 shares in the last quarter. Finally, Milestone Investment Advisors LLC bought a new stake in iShares Russell 1000 Value ETF during the 1st quarter worth approximately $41,000. 84.93% of the stock is owned by institutional investors.

iShares Russell 1000 Value ETF Stock Performance

NYSEARCA IWD opened at $201.84 on Friday. The business has a 50 day simple moving average of $201.51 and a 200 day simple moving average of $192.77. iShares Russell 1000 Value ETF has a 52-week low of $163.19 and a 52-week high of $206.01. The stock has a market cap of $63.77 billion, a price-to-earnings ratio of 18.83 and a beta of 0.95.

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).