Westwood Holdings Group Inc. Sells 5,481 Shares of iShares Russell 1000 Value ETF $IWD

Westwood Holdings Group Inc. trimmed its position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 6.5% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 78,882 shares of the exchange traded fund’s stock after selling 5,481 shares during the quarter. Westwood Holdings Group Inc.’s holdings in iShares Russell 1000 Value ETF were worth $15,321,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. MJP Associates Inc. ADV purchased a new stake in iShares Russell 1000 Value ETF in the 2nd quarter worth about $35,330,000. Flaharty Asset Management LLC boosted its position in shares of iShares Russell 1000 Value ETF by 3.2% during the second quarter. Flaharty Asset Management LLC now owns 213,412 shares of the exchange traded fund’s stock valued at $41,451,000 after buying an additional 6,596 shares during the period. Creative Planning grew its stake in shares of iShares Russell 1000 Value ETF by 0.8% during the second quarter. Creative Planning now owns 540,460 shares of the exchange traded fund’s stock valued at $104,974,000 after buying an additional 4,125 shares during the last quarter. SG Americas Securities LLC raised its holdings in shares of iShares Russell 1000 Value ETF by 13.9% in the second quarter. SG Americas Securities LLC now owns 106,294 shares of the exchange traded fund’s stock worth $20,645,000 after buying an additional 12,938 shares during the period. Finally, Advisory Resource Group lifted its stake in shares of iShares Russell 1000 Value ETF by 7.1% during the 2nd quarter. Advisory Resource Group now owns 7,813 shares of the exchange traded fund’s stock worth $1,518,000 after acquiring an additional 515 shares during the last quarter. Hedge funds and other institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Stock Down 0.3%

IWD opened at $204.79 on Friday. The business has a fifty day moving average of $203.75 and a 200 day moving average of $197.07. The stock has a market cap of $65.14 billion, a P/E ratio of 18.83 and a beta of 0.89. iShares Russell 1000 Value ETF has a 52-week low of $163.19 and a 52-week high of $208.66.

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).