Granite Harbor Advisors Inc. Sells 2,095 Shares of iShares Russell 1000 Value ETF $IWD

Granite Harbor Advisors Inc. reduced its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 16.9% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 10,312 shares of the exchange traded fund’s stock after selling 2,095 shares during the quarter. iShares Russell 1000 Value ETF comprises about 1.0% of Granite Harbor Advisors Inc.’s investment portfolio, making the stock its 25th largest position. Granite Harbor Advisors Inc.’s holdings in iShares Russell 1000 Value ETF were worth $2,203,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Focus Partners Advisor Solutions LLC lifted its position in iShares Russell 1000 Value ETF by 32.6% in the 3rd quarter. Focus Partners Advisor Solutions LLC now owns 25,923 shares of the exchange traded fund’s stock valued at $5,308,000 after acquiring an additional 6,380 shares in the last quarter. Brown Miller Wealth Management LLC bought a new position in iShares Russell 1000 Value ETF during the 4th quarter worth about $1,213,000. Personal CFO Solutions LLC bought a new position in iShares Russell 1000 Value ETF during the 4th quarter worth about $1,539,000. Claro Advisors LLC raised its stake in shares of iShares Russell 1000 Value ETF by 21.2% in the 3rd quarter. Claro Advisors LLC now owns 101,709 shares of the exchange traded fund’s stock valued at $20,707,000 after purchasing an additional 17,760 shares during the period. Finally, Brass Tax Wealth Management Inc. acquired a new stake in shares of iShares Russell 1000 Value ETF in the 3rd quarter valued at about $753,000. 84.93% of the stock is owned by institutional investors.

iShares Russell 1000 Value ETF Price Performance

Shares of iShares Russell 1000 Value ETF stock opened at $242.75 on Tuesday. The firm has a market cap of $77.97 billion, a price-to-earnings ratio of 18.83 and a beta of 0.84. The stock’s 50-day moving average is $235.78 and its 200-day moving average is $224.12. iShares Russell 1000 Value ETF has a one year low of $191.64 and a one year high of $245.71.

iShares Russell 1000 Value ETF 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.