2,945 iShares Russell 1000 Value ETF $IWD Shares Sold by Steph & Co.

Steph & Co. reduced its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 25.4% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 8,654 shares of the exchange traded fund’s stock after selling 2,945 shares during the quarter. Steph & Co.’s holdings in iShares Russell 1000 Value ETF were worth $2,146,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in the stock. Evanson Financial LLC bought a new position in iShares Russell 1000 Value ETF in the 2nd quarter worth about $3,582,000. HB Wealth Management LLC increased its position in shares of iShares Russell 1000 Value ETF by 3.4% during the second quarter. HB Wealth Management LLC now owns 244,415 shares of the exchange traded fund’s stock worth $59,254,000 after acquiring an additional 8,104 shares during the period. NFJ Investment Group LLC raised its stake in shares of iShares Russell 1000 Value ETF by 1,705.2% during the fourth quarter. NFJ Investment Group LLC now owns 41,105 shares of the exchange traded fund’s stock valued at $8,646,000 after acquiring an additional 38,828 shares in the last quarter. SB Capital Management Inc purchased a new stake in shares of iShares Russell 1000 Value ETF in the fourth quarter valued at approximately $2,685,000. Finally, Stairway Partners LLC bought a new position in iShares Russell 1000 Value ETF in the third quarter worth approximately $326,735,000. Hedge funds and other institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Stock Performance

IWD traded down $0.96 during trading on Wednesday, hitting $250.78. 1,150,419 shares of the stock were exchanged, compared to its average volume of 2,676,230. The firm has a 50 day simple moving average of $254.73 and a 200 day simple moving average of $241.60. The firm has a market cap of $81.92 billion, a price-to-earnings ratio of 18.83 and a beta of 0.84. iShares Russell 1000 Value ETF has a 1 year low of $199.40 and a 1 year high of $260.19.

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). 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.