iShares Russell 1000 Value ETF $IWD Stock Position Lowered by Nadler Financial Group Inc.

Nadler Financial Group Inc. trimmed its holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 85.3% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 118,340 shares of the exchange traded fund’s stock after selling 684,058 shares during the period. iShares Russell 1000 Value ETF accounts for about 2.5% of Nadler Financial Group Inc.’s holdings, making the stock its 16th biggest holding. Nadler Financial Group Inc.’s holdings in iShares Russell 1000 Value ETF were worth $29,340,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of IWD. Greenleaf Trust boosted its position in iShares Russell 1000 Value ETF by 20,660.3% during the second quarter. Greenleaf Trust now owns 1,491,213 shares of the exchange traded fund’s stock worth $116,166,000 after acquiring an additional 1,484,030 shares during the last quarter. Stairway Partners LLC purchased a new stake in iShares Russell 1000 Value ETF during the 3rd quarter valued at about $326,735,000. Fifth Third Bancorp grew its stake in iShares Russell 1000 Value ETF by 324.3% during the 1st quarter. Fifth Third Bancorp now owns 1,191,768 shares of the exchange traded fund’s stock valued at $254,645,000 after acquiring an additional 910,889 shares in the last quarter. Marquette Asset Management LLC acquired a new stake in iShares Russell 1000 Value ETF in the 3rd quarter valued at about $98,365,000. Finally, Baird Financial Group Inc. raised its holdings in iShares Russell 1000 Value ETF by 2.7% in the 2nd quarter. Baird Financial Group Inc. now owns 6,192,377 shares of the exchange traded fund’s stock valued at $1,501,218,000 after acquiring an additional 165,599 shares during the last quarter. 84.93% of the stock is owned by hedge funds and other institutional investors.

iShares Russell 1000 Value ETF Stock Performance

IWD stock opened at $257.42 on Monday. The firm has a 50-day moving average of $254.61 and a two-hundred day moving average of $245.18. iShares Russell 1000 Value ETF has a 12 month low of $199.79 and a 12 month high of $260.19. The company has a market cap of $84.23 billion, a price-to-earnings ratio of 18.83 and a beta of 0.84.

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.