iShares Russell 1000 Value ETF $IWD Shares Sold by Bear Mountain Capital Inc.

Bear Mountain Capital Inc. reduced its position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 68.9% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 259 shares of the exchange traded fund’s stock after selling 573 shares during the quarter. Bear Mountain Capital Inc.’s holdings in iShares Russell 1000 Value ETF were worth $51,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in the company. Penobscot Investment Management Company Inc. lifted its stake in shares of iShares Russell 1000 Value ETF by 4.6% in the 2nd quarter. Penobscot Investment Management Company Inc. now owns 1,250 shares of the exchange traded fund’s stock valued at $243,000 after purchasing an additional 55 shares during the period. Warner Financial Inc. lifted its stake in shares of iShares Russell 1000 Value ETF by 1.6% in the 2nd quarter. Warner Financial Inc. now owns 3,578 shares of the exchange traded fund’s stock valued at $695,000 after purchasing an additional 58 shares during the period. InvesTrust lifted its stake in shares of iShares Russell 1000 Value ETF by 0.6% in the 2nd quarter. InvesTrust now owns 10,331 shares of the exchange traded fund’s stock valued at $2,007,000 after purchasing an additional 59 shares during the period. U.S. Capital Wealth Advisors LLC lifted its stake in shares of iShares Russell 1000 Value ETF by 0.6% in the 2nd quarter. U.S. Capital Wealth Advisors LLC now owns 10,150 shares of the exchange traded fund’s stock valued at $1,971,000 after purchasing an additional 59 shares during the period. Finally, Armstrong Advisory Group Inc. lifted its stake in shares of iShares Russell 1000 Value ETF by 3.0% in the 2nd quarter. Armstrong Advisory Group Inc. now owns 2,115 shares of the exchange traded fund’s stock valued at $411,000 after purchasing an additional 61 shares during the period. 84.93% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell 1000 Value ETF Stock Performance

NYSEARCA:IWD opened at $204.54 on Wednesday. The company has a fifty day moving average of $200.42 and a two-hundred day moving average of $192.12. The stock has a market capitalization of $64.59 billion, a PE ratio of 18.83 and a beta of 0.95. iShares Russell 1000 Value ETF has a fifty-two week low of $163.19 and a fifty-two week high of $206.01.

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).