2,445 iShares Russell 1000 Value ETF $IWD Shares Sold by Grove Bank & Trust

Grove Bank & Trust cut its position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 15.3% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 13,544 shares of the exchange traded fund’s stock after selling 2,445 shares during the period. Grove Bank & Trust’s holdings in iShares Russell 1000 Value ETF were worth $3,358,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Hamilton Capital LLC acquired a new position in shares of iShares Russell 1000 Value ETF in the 3rd quarter worth approximately $662,000. Sapient Capital LLC grew its position in iShares Russell 1000 Value ETF by 2.1% during the 3rd quarter. Sapient Capital LLC now owns 15,515 shares of the exchange traded fund’s stock worth $3,847,000 after acquiring an additional 318 shares during the last quarter. Atwood & Palmer Inc. acquired a new stake in iShares Russell 1000 Value ETF during the 3rd quarter valued at $340,000. YHB Investment Advisors Inc. acquired a new stake in iShares Russell 1000 Value ETF during the 3rd quarter valued at $610,000. Finally, Titleist Asset Management LLC raised its position in iShares Russell 1000 Value ETF by 7.4% in the 3rd quarter. Titleist Asset Management LLC now owns 10,058 shares of the exchange traded fund’s stock valued at $2,494,000 after purchasing an additional 693 shares during the last quarter. Institutional investors and hedge funds own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Stock Performance

iShares Russell 1000 Value ETF stock traded up $1.22 on Thursday, reaching $252.00. The company’s stock had a trading volume of 1,563,108 shares, compared to its average volume of 2,670,462. The company has a market cap of $82.32 billion, a price-to-earnings ratio of 18.83 and a beta of 0.84. The business’s fifty day moving average price is $254.75 and its 200 day moving average price is $241.89. iShares Russell 1000 Value ETF has a twelve month low of $199.40 and a twelve month high of $260.19.

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.