iShares Russell 1000 Value ETF $IWD Stock: United Advisor Group LLC Trims Stake

United Advisor Group LLC trimmed its position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 33.0% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 5,555 shares of the exchange traded fund’s stock after selling 2,739 shares during the period. United Advisor Group LLC’s holdings in iShares Russell 1000 Value ETF were worth $1,377,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of IWD. Plancorp LLC purchased a new position in iShares Russell 1000 Value ETF in the third quarter worth $322,000. Providence First Trust Co increased its position in shares of iShares Russell 1000 Value ETF by 53.9% during the third quarter. Providence First Trust Co now owns 9,911 shares of the exchange traded fund’s stock worth $2,457,000 after purchasing an additional 3,472 shares in the last quarter. Waldron Private Wealth LLC purchased a new stake in shares of iShares Russell 1000 Value ETF during the 3rd quarter valued at $207,607,000. Calamos Wealth Management LLC purchased a new stake in shares of iShares Russell 1000 Value ETF during the 3rd quarter valued at $2,315,000. Finally, Principle Wealth Partners LLC lifted its holdings in shares of iShares Russell 1000 Value ETF by 25.7% during the 3rd quarter. Principle Wealth Partners LLC now owns 1,826 shares of the exchange traded fund’s stock valued at $453,000 after purchasing an additional 373 shares during the last quarter. 84.93% of the stock is currently owned by institutional investors.

iShares Russell 1000 Value ETF Price Performance

iShares Russell 1000 Value ETF stock opened at $257.45 on Friday. The stock has a market capitalization of $82.83 billion, a price-to-earnings ratio of 18.83 and a beta of 0.84. iShares Russell 1000 Value ETF has a 1-year low of $199.79 and a 1-year high of $267.24. The business has a fifty day moving average price of $254.98 and a 200-day moving average price of $239.16.

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.