BIP Wealth LLC Sells 910 Shares of iShares Russell 1000 Value ETF $IWD

BIP Wealth LLC decreased its holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 37.0% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,552 shares of the exchange traded fund’s stock after selling 910 shares during the period. BIP Wealth LLC’s holdings in iShares Russell 1000 Value ETF were worth $301,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Truvestments Capital LLC bought a new stake in iShares Russell 1000 Value ETF in the 1st quarter valued at $25,000. GKV Capital Management Co. Inc. acquired a new position in shares of iShares Russell 1000 Value ETF in the first quarter valued at $27,000. Advantage Trust Co bought a new position in shares of iShares Russell 1000 Value ETF in the second quarter valued at about $29,000. RMG Wealth Management LLC bought a new position in shares of iShares Russell 1000 Value ETF in the second quarter valued at about $33,000. Finally, Valley Wealth Managers Inc. lifted its stake in shares of 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 buying an additional 92 shares during the last quarter. 84.93% of the stock is currently owned by institutional investors.

iShares Russell 1000 Value ETF Stock Performance

Shares of IWD stock opened at $206.30 on Friday. iShares Russell 1000 Value ETF has a 52 week low of $163.19 and a 52 week high of $206.87. The company has a market capitalization of $65.53 billion, a price-to-earnings ratio of 18.83 and a beta of 0.95. The company has a 50-day simple moving average of $202.40 and a 200 day simple moving average of $194.09.

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).