372,139 iShares Russell 1000 Value ETF $IWD Shares Sold by WASHINGTON TRUST Co

WASHINGTON TRUST Co reduced its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 99.5% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 1,852 shares of the exchange traded fund’s stock after selling 372,139 shares during the period. WASHINGTON TRUST Co’s holdings in iShares Russell 1000 Value ETF were worth $459,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the stock. Evanson Financial LLC purchased a new position in shares of iShares Russell 1000 Value ETF during the 2nd quarter worth approximately $3,582,000. HB Wealth Management LLC increased its holdings in iShares Russell 1000 Value ETF by 3.4% in the 2nd quarter. HB Wealth Management LLC now owns 244,415 shares of the exchange traded fund’s stock valued at $59,254,000 after purchasing an additional 8,104 shares during the last quarter. Stairway Partners LLC purchased a new stake in iShares Russell 1000 Value ETF in the third quarter valued at approximately $326,735,000. Rose Capital Advisors LLC purchased a new stake in iShares Russell 1000 Value ETF in the second quarter valued at approximately $629,000. Finally, Squarepoint Ops LLC purchased a new stake in iShares Russell 1000 Value ETF in the second quarter valued at approximately $745,000. Institutional investors and hedge funds own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Stock Down 0.6%

NYSEARCA:IWD opened at $257.42 on Friday. The stock’s fifty day moving average is $254.61 and its two-hundred day moving average is $244.98. iShares Russell 1000 Value ETF has a 52 week low of $199.79 and a 52 week high of $260.19. The stock has a market capitalization of $84.23 billion, a price-to-earnings 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.