NewEdge Advisors LLC Sells 5,285 Shares of iShares Russell 1000 Value ETF $IWD

NewEdge Advisors LLC lowered its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 4.3% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 116,785 shares of the exchange traded fund’s stock after selling 5,285 shares during the quarter. NewEdge Advisors LLC’s holdings in iShares Russell 1000 Value ETF were worth $28,312,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in IWD. Evanson Financial LLC bought a new position in iShares Russell 1000 Value ETF in the 2nd quarter valued at about $3,582,000. NFJ Investment Group LLC lifted its holdings in shares of iShares Russell 1000 Value ETF by 1,705.2% during the 4th quarter. NFJ Investment Group LLC now owns 41,105 shares of the exchange traded fund’s stock worth $8,646,000 after acquiring an additional 38,828 shares during the period. Applied Finance Capital Management LLC boosted its position in shares of iShares Russell 1000 Value ETF by 1,432.7% during the 4th quarter. Applied Finance Capital Management LLC now owns 97,035 shares of the exchange traded fund’s stock worth $20,410,000 after acquiring an additional 90,704 shares in the last quarter. WCG Wealth Advisors LLC boosted its position in shares of iShares Russell 1000 Value ETF by 18.9% during the 4th quarter. WCG Wealth Advisors LLC now owns 14,894 shares of the exchange traded fund’s stock worth $3,133,000 after acquiring an additional 2,372 shares in the last quarter. Finally, Hsbc Holdings PLC increased its stake in iShares Russell 1000 Value ETF by 4.8% in the fourth quarter. Hsbc Holdings PLC now owns 141,873 shares of the exchange traded fund’s stock valued at $29,841,000 after acquiring an additional 6,534 shares during the last quarter. Institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Price Performance

Shares of NYSEARCA:IWD opened at $254.06 on Thursday. iShares Russell 1000 Value ETF has a 1 year low of $199.40 and a 1 year high of $260.19. The stock has a market capitalization of $82.54 billion, a price-to-earnings ratio of 18.83 and a beta of 0.83. The company’s 50 day simple moving average is $253.17 and its 200 day simple moving average is $237.18.

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.