Verus Capital Partners LLC Sells 6,730 Shares of iShares Russell 1000 Value ETF $IWD

Verus Capital Partners LLC reduced its position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 66.5% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 3,388 shares of the exchange traded fund’s stock after selling 6,730 shares during the period. Verus Capital Partners LLC’s holdings in iShares Russell 1000 Value ETF were worth $840,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the business. Baird Financial Group Inc. grew its holdings in iShares Russell 1000 Value ETF by 2.7% during the 2nd quarter. Baird Financial Group Inc. now owns 6,192,377 shares of the exchange traded fund’s stock worth $1,501,218,000 after acquiring an additional 165,599 shares in the last quarter. Commonwealth Equity Services LLC bought a new stake in shares of iShares Russell 1000 Value ETF in the 3rd quarter valued at about $374,407,000. Greenleaf Trust raised its holdings in shares of iShares Russell 1000 Value ETF by 20,660.3% in the 2nd quarter. Greenleaf Trust now owns 1,491,213 shares of the exchange traded fund’s stock valued at $116,166,000 after purchasing an additional 1,484,030 shares in the last quarter. Stairway Partners LLC purchased a new stake in shares of iShares Russell 1000 Value ETF in the 3rd quarter worth approximately $326,735,000. Finally, Fifth Third Bancorp lifted its position in shares of iShares Russell 1000 Value ETF by 324.3% in the 1st quarter. Fifth Third Bancorp now owns 1,191,768 shares of the exchange traded fund’s stock worth $254,645,000 after purchasing an additional 910,889 shares during the period. 84.93% of the stock is owned by hedge funds and other institutional investors.

iShares Russell 1000 Value ETF Stock Performance

NYSEARCA IWD opened at $257.45 on Monday. The firm’s 50 day moving average price is $254.98 and its 200-day moving average price is $239.16. iShares Russell 1000 Value ETF has a 52-week low of $199.79 and a 52-week high of $267.24. The company has a market cap of $82.83 billion, a PE ratio of 18.83 and a beta of 0.84.

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.