MJP Associates Inc. ADV Sells 5,736 Shares of iShares Russell 1000 Value ETF $IWD

MJP Associates Inc. ADV cut its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 3.2% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 176,161 shares of the exchange traded fund’s stock after selling 5,736 shares during the period. iShares Russell 1000 Value ETF makes up about 4.7% of MJP Associates Inc. ADV’s holdings, making the stock its 7th biggest position. MJP Associates Inc. ADV’s holdings in iShares Russell 1000 Value ETF were worth $35,865,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of IWD. Atlantic Union Bankshares Corp boosted its position in shares of iShares Russell 1000 Value ETF by 612.7% in the second quarter. Atlantic Union Bankshares Corp now owns 23,036 shares of the exchange traded fund’s stock worth $4,474,000 after buying an additional 19,804 shares during the period. Arkadios Wealth Advisors lifted its stake in iShares Russell 1000 Value ETF by 25.4% in the 3rd quarter. Arkadios Wealth Advisors now owns 73,261 shares of the exchange traded fund’s stock worth $14,915,000 after acquiring an additional 14,842 shares in the last quarter. Americana Partners LLC lifted its stake in iShares Russell 1000 Value ETF by 78.9% in the 3rd quarter. Americana Partners LLC now owns 170,599 shares of the exchange traded fund’s stock worth $34,732,000 after acquiring an additional 75,256 shares in the last quarter. 1ST Source Bank boosted its position in iShares Russell 1000 Value ETF by 0.3% during the 2nd quarter. 1ST Source Bank now owns 677,377 shares of the exchange traded fund’s stock worth $131,567,000 after acquiring an additional 2,259 shares during the period. Finally, Cullen Frost Bankers Inc. grew its stake in iShares Russell 1000 Value ETF by 0.8% during the 3rd quarter. Cullen Frost Bankers Inc. now owns 379,841 shares of the exchange traded fund’s stock valued at $77,332,000 after acquiring an additional 2,894 shares in the last quarter. 84.93% of the stock is owned by hedge funds and other institutional investors.

iShares Russell 1000 Value ETF Price Performance

Shares of IWD opened at $223.20 on Wednesday. The company has a market capitalization of $69.54 billion, a price-to-earnings ratio of 18.83 and a beta of 0.89. iShares Russell 1000 Value ETF has a fifty-two week low of $163.19 and a fifty-two week high of $226.39. The business’s 50-day moving average is $216.84 and its 200-day moving average is $207.86.

iShares Russell 1000 Value ETF Company 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). 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.