Voya Investment Management LLC Cuts Position in iShares Russell 1000 Value ETF $IWD

Voya Investment Management LLC decreased its holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 15.8% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 67,522 shares of the exchange traded fund’s stock after selling 12,648 shares during the quarter. Voya Investment Management LLC’s holdings in iShares Russell 1000 Value ETF were worth $13,747,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the business. Truvestments Capital LLC purchased a new position in shares of iShares Russell 1000 Value ETF during the 1st quarter valued at approximately $25,000. GKV Capital Management Co. Inc. acquired a new stake in shares of iShares Russell 1000 Value ETF in the first quarter valued at about $27,000. Advantage Trust Co purchased a new stake in shares of iShares Russell 1000 Value ETF during the second quarter worth about $29,000. RMG Wealth Management LLC acquired a new position in shares of iShares Russell 1000 Value ETF during the 2nd quarter worth about $33,000. Finally, Access Investment Management LLC acquired a new position in shares of iShares Russell 1000 Value ETF during the 2nd quarter worth about $35,000. 84.93% of the stock is owned by institutional investors and hedge funds.

iShares Russell 1000 Value ETF Trading Up 0.8%

NYSEARCA:IWD opened at $211.48 on Tuesday. The firm has a market cap of $67.27 billion, a P/E ratio of 18.83 and a beta of 0.89. The stock has a 50 day moving average of $206.50 and a two-hundred day moving average of $200.96. iShares Russell 1000 Value ETF has a 12 month low of $163.19 and a 12 month high of $213.53.

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.