Simplicity Wealth LLC Sells 14,355 Shares of iShares Russell 1000 Value ETF $IWD

Simplicity Wealth LLC cut its holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 43.4% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 18,724 shares of the exchange traded fund’s stock after selling 14,355 shares during the quarter. Simplicity Wealth LLC’s holdings in iShares Russell 1000 Value ETF were worth $3,812,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Clayton Financial Group LLC bought a new position in shares of iShares Russell 1000 Value ETF during the third quarter valued at $27,000. Advantage Trust Co purchased a new position in iShares Russell 1000 Value ETF in the 2nd quarter worth about $29,000. RMG Wealth Management LLC purchased a new position in iShares Russell 1000 Value ETF in the 2nd quarter worth about $33,000. Access Investment Management LLC bought a new position in iShares Russell 1000 Value ETF during the 2nd quarter valued at about $35,000. Finally, Clarity Asset Management Inc. purchased a new stake in shares of iShares Russell 1000 Value ETF during the 2nd quarter valued at about $35,000. Institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Stock Up 1.5%

IWD opened at $219.13 on Thursday. The stock has a market capitalization of $69.66 billion, a price-to-earnings ratio of 18.83 and a beta of 0.89. The firm has a 50 day moving average price of $211.05 and a 200-day moving average price of $204.42. iShares Russell 1000 Value ETF has a twelve month low of $163.19 and a twelve month high of $219.86.

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.