Liberty Wealth Management LLC Sells 36,108 Shares of iShares Russell 1000 Value ETF $IWD

Liberty Wealth Management LLC lessened its position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 96.4% during the second quarter, Holdings Channel.com reports. The fund owned 1,336 shares of the exchange traded fund’s stock after selling 36,108 shares during the period. Liberty Wealth Management LLC’s holdings in iShares Russell 1000 Value ETF were worth $259,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the company. Ashton Thomas Private Wealth LLC grew its stake in shares of iShares Russell 1000 Value ETF by 3.0% in the second quarter. Ashton Thomas Private Wealth LLC now owns 75,703 shares of the exchange traded fund’s stock worth $14,704,000 after purchasing an additional 2,222 shares during the last quarter. Envestnet Asset Management Inc. lifted its holdings in iShares Russell 1000 Value ETF by 0.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 6,599,784 shares of the exchange traded fund’s stock worth $1,281,871,000 after buying an additional 57,669 shares during the period. Resonant Capital Advisors LLC bought a new stake in shares of iShares Russell 1000 Value ETF in the 2nd quarter worth approximately $202,000. Wealthfront Advisers LLC increased its stake in shares of iShares Russell 1000 Value ETF by 6.2% during the second quarter. Wealthfront Advisers LLC now owns 1,742 shares of the exchange traded fund’s stock valued at $338,000 after buying an additional 101 shares during the period. Finally, Forte Asset Management LLC increased its stake in shares of iShares Russell 1000 Value ETF by 8.3% during the second quarter. Forte Asset Management LLC now owns 27,574 shares of the exchange traded fund’s stock valued at $5,356,000 after buying an additional 2,117 shares during the period. Hedge funds and other institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Stock Up 0.6%

NYSEARCA:IWD opened at $207.50 on Tuesday. The firm’s fifty day simple moving average is $202.58 and its 200 day simple moving average is $194.39. The stock has a market cap of $65.94 billion, a P/E ratio of 18.83 and a beta of 0.89. iShares Russell 1000 Value ETF has a twelve month low of $163.19 and a twelve month high of $207.58.

iShares Russell 1000 Value ETF Profile

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).