Valeo Financial Advisors LLC Cuts Position in iShares Russell 1000 Value ETF $IWD

Valeo Financial Advisors LLC lowered its position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 40.6% in the third quarter, Holdings Channel reports. The fund owned 45,356 shares of the exchange traded fund’s stock after selling 31,005 shares during the period. Valeo Financial Advisors LLC’s holdings in iShares Russell 1000 Value ETF were worth $9,234,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in IWD. Cambiar Investors LLC grew its stake in shares of iShares Russell 1000 Value ETF by 43.7% during the third quarter. Cambiar Investors LLC now owns 139,585 shares of the exchange traded fund’s stock worth $28,418,000 after purchasing an additional 42,482 shares in the last quarter. Bluesphere Advisors LLC acquired a new stake in iShares Russell 1000 Value ETF in the third quarter valued at $201,000. Stablepoint Partners LLC raised its stake in iShares Russell 1000 Value ETF by 29.9% in the third quarter. Stablepoint Partners LLC now owns 2,174 shares of the exchange traded fund’s stock valued at $443,000 after buying an additional 501 shares in the last quarter. Marino Stram & Associates LLC lifted its holdings in iShares Russell 1000 Value ETF by 44.6% during the 3rd quarter. Marino Stram & Associates LLC now owns 3,231 shares of the exchange traded fund’s stock worth $658,000 after buying an additional 996 shares during the last quarter. Finally, CFM Wealth Partners LLC boosted its position in shares of iShares Russell 1000 Value ETF by 0.4% during the 3rd quarter. CFM Wealth Partners LLC now owns 36,916 shares of the exchange traded fund’s stock worth $7,516,000 after acquiring an additional 156 shares in the last quarter. Institutional investors and hedge funds own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Stock Performance

IWD opened at $219.12 on Wednesday. iShares Russell 1000 Value ETF has a one year low of $163.19 and a one year high of $220.71. The company has a market cap of $69.06 billion, a P/E ratio of 18.83 and a beta of 0.89. The business’s 50-day simple moving average is $212.27 and its 200-day simple moving average is $205.12.

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.