Investmark Advisory Group LLC Reduces Stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Investmark Advisory Group LLC reduced its position in iShares Russell 1000 Value ETF (NYSEARCA:IWDGet Rating) by 12.3% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 4,915 shares of the exchange traded fund’s stock after selling 689 shares during the period. Investmark Advisory Group LLC’s holdings in iShares Russell 1000 Value ETF were worth $712,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of IWD. Raleigh Capital Management Inc. purchased a new position in shares of iShares Russell 1000 Value ETF in the first quarter valued at about $25,000. Rather & Kittrell Inc. bought a new stake in shares of iShares Russell 1000 Value ETF in the fourth quarter worth about $28,000. Lansing Street Advisors bought a new stake in iShares Russell 1000 Value ETF during the first quarter worth approximately $29,000. Joseph P. Lucia & Associates LLC bought a new stake in iShares Russell 1000 Value ETF during the first quarter worth approximately $33,000. Finally, Aberdeen Wealth Management LLC bought a new position in shares of iShares Russell 1000 Value ETF during the fourth quarter valued at approximately $34,000.

iShares Russell 1000 Value ETF Trading Down 2.6 %

Shares of IWD traded down $3.79 during mid-day trading on Friday, reaching $139.29. 191,294 shares of the company’s stock traded hands, compared to its average volume of 3,195,217. The stock’s 50-day moving average is $152.53 and its two-hundred day moving average is $155.31. iShares Russell 1000 Value ETF has a 12 month low of $139.96 and a 12 month high of $171.42.

iShares Russell 1000 Value ETF Profile

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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).

See Also

Want to see what other hedge funds are holding IWD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Russell 1000 Value ETF (NYSEARCA:IWDGet Rating).

Institutional Ownership by Quarter for iShares Russell 1000 Value ETF (NYSEARCA:IWD)

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