JNBA Financial Advisors Has $316,000 Stock Holdings in iShares Russell 1000 Value ETF $IWD

JNBA Financial Advisors lessened its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 3.2% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 1,628 shares of the exchange traded fund’s stock after selling 53 shares during the quarter. JNBA Financial Advisors’ holdings in iShares Russell 1000 Value ETF were worth $316,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently modified their holdings of IWD. Truvestments Capital LLC bought a new position in iShares Russell 1000 Value ETF during the first quarter worth about $25,000. GKV Capital Management Co. Inc. bought a new position in iShares Russell 1000 Value ETF during the first quarter worth about $27,000. RMG Wealth Management LLC bought a new position in iShares Russell 1000 Value ETF during the second quarter worth about $33,000. Creative Capital Management Investments LLC bought a new position in iShares Russell 1000 Value ETF during the first quarter worth about $38,000. Finally, Valley Wealth Managers Inc. increased its position in iShares Russell 1000 Value ETF by 78.0% during the first quarter. Valley Wealth Managers Inc. now owns 210 shares of the exchange traded fund’s stock worth $40,000 after acquiring an additional 92 shares during the period. Institutional investors and hedge funds own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Stock Performance

NYSEARCA:IWD opened at $199.44 on Friday. iShares Russell 1000 Value ETF has a 52 week low of $163.19 and a 52 week high of $206.01. The firm has a market cap of $63.02 billion, a price-to-earnings ratio of 18.83 and a beta of 0.95. The firm’s 50-day simple moving average is $200.88 and its 200 day simple moving average is $192.37.

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).