iShares Russell 1000 Value ETF $IWD Stock Sold by Kelsey Financial LLC

Kelsey Financial LLC reduced its holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 7.4% during the third quarter, Holdings Channel reports. The firm owned 46,885 shares of the exchange traded fund’s stock after selling 3,746 shares during the period. iShares Russell 1000 Value ETF makes up 9.3% of Kelsey Financial LLC’s portfolio, making the stock its 2nd largest holding. Kelsey Financial LLC’s holdings in iShares Russell 1000 Value ETF were worth $11,624,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also added to or reduced their stakes in the business. Baird Financial Group Inc. boosted its holdings in iShares Russell 1000 Value ETF by 2.7% during the second quarter. Baird Financial Group Inc. now owns 6,192,377 shares of the exchange traded fund’s stock worth $1,501,218,000 after buying an additional 165,599 shares in the last quarter. Greenleaf Trust grew its position in iShares Russell 1000 Value ETF by 20,660.3% in the second quarter. Greenleaf Trust now owns 1,491,213 shares of the exchange traded fund’s stock worth $116,166,000 after buying an additional 1,484,030 shares during the last quarter. Stairway Partners LLC bought a new position in shares of iShares Russell 1000 Value ETF in the third quarter valued at $326,735,000. Fifth Third Bancorp increased its holdings in shares of iShares Russell 1000 Value ETF by 324.3% in the first quarter. Fifth Third Bancorp now owns 1,191,768 shares of the exchange traded fund’s stock valued at $254,645,000 after buying an additional 910,889 shares in the last quarter. Finally, Bank of New York Mellon Corp increased its holdings in shares of iShares Russell 1000 Value ETF by 5.3% in the first quarter. Bank of New York Mellon Corp now owns 903,575 shares of the exchange traded fund’s stock valued at $193,067,000 after buying an additional 45,283 shares in the last quarter. 84.93% of the stock is owned by institutional investors and hedge funds.

iShares Russell 1000 Value ETF Stock Performance

Shares of NYSEARCA:IWD opened at $260.76 on Friday. iShares Russell 1000 Value ETF has a one year low of $199.79 and a one year high of $260.82. The stock has a fifty day moving average of $254.74 and a 200-day moving average of $237.91. The company has a market capitalization of $85.62 billion, a PE ratio of 18.83 and a beta of 0.84.

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.