iShares Russell 1000 Value ETF $IWD Shares Sold by Community Bank N.A.

Community Bank N.A. cut its holdings in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 1.1% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 28,591 shares of the exchange traded fund’s stock after selling 317 shares during the period. Community Bank N.A.’s holdings in iShares Russell 1000 Value ETF were worth $5,553,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Truvestments Capital LLC acquired a new position in shares of iShares Russell 1000 Value ETF during the first quarter worth approximately $25,000. GKV Capital Management Co. Inc. acquired a new position in shares of iShares Russell 1000 Value ETF during the first quarter worth approximately $27,000. RMG Wealth Management LLC acquired a new position in shares of iShares Russell 1000 Value ETF during the second quarter worth approximately $33,000. Creative Capital Management Investments LLC acquired a new stake in iShares Russell 1000 Value ETF in the first quarter worth approximately $38,000. Finally, Valley Wealth Managers Inc. boosted its stake in 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 valued at $40,000 after purchasing an additional 92 shares in the last quarter. 84.93% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell 1000 Value ETF Stock Performance

Shares of NYSEARCA IWD opened at $201.57 on Tuesday. The stock has a fifty day moving average price of $201.02 and a two-hundred day moving average price of $192.52. The firm has a market cap of $63.67 billion, a P/E ratio of 18.83 and a beta of 0.95. iShares Russell 1000 Value ETF has a 1 year low of $163.19 and a 1 year 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).