Strategic Financial Concepts LLC Reduces Position in iShares Russell 1000 Value ETF $IWD

Strategic Financial Concepts LLC decreased its holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 43.7% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,388 shares of the exchange traded fund’s stock after selling 1,077 shares during the quarter. Strategic Financial Concepts LLC’s holdings in iShares Russell 1000 Value ETF were worth $270,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. Goldman Sachs Group Inc. raised its position in shares of iShares Russell 1000 Value ETF by 2.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 15,629,692 shares of the exchange traded fund’s stock valued at $2,940,883,000 after purchasing an additional 363,429 shares in the last quarter. American Century Companies Inc. increased its stake in shares of iShares Russell 1000 Value ETF by 62.3% in the first quarter. American Century Companies Inc. now owns 935,164 shares of the exchange traded fund’s stock worth $175,960,000 after buying an additional 358,906 shares during the last quarter. Nuveen LLC acquired a new stake in iShares Russell 1000 Value ETF in the first quarter valued at $58,271,000. Independence Asset Advisors LLC bought a new position in iShares Russell 1000 Value ETF during the 2nd quarter valued at $59,496,000. Finally, Marquette Asset Management LLC boosted its stake in iShares Russell 1000 Value ETF by 716.9% during the 2nd quarter. Marquette Asset Management LLC now owns 339,687 shares of the exchange traded fund’s stock valued at $65,977,000 after acquiring an additional 298,107 shares during the last quarter. Institutional investors and hedge funds own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Stock Performance

IWD opened at $204.57 on Monday. The company has a 50-day moving average of $203.00 and a 200-day moving average of $195.32. The company has a market capitalization of $64.97 billion, a P/E ratio of 18.83 and a beta of 0.89. iShares Russell 1000 Value ETF has a 1-year low of $163.19 and a 1-year 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).