Verum Partners LLC Sells 754 Shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Verum Partners LLC decreased its holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 9.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,192 shares of the exchange traded fund’s stock after selling 754 shares during the period. Verum Partners LLC’s holdings in iShares Russell 1000 Value ETF were worth $1,331,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of IWD. Eagle Bay Advisors LLC purchased a new position in iShares Russell 1000 Value ETF in the 3rd quarter worth about $32,000. Nemes Rush Group LLC lifted its position in iShares Russell 1000 Value ETF by 382.1% during the second quarter. Nemes Rush Group LLC now owns 188 shares of the exchange traded fund’s stock valued at $33,000 after purchasing an additional 149 shares during the period. Carmichael Hill & Associates Inc. boosted its holdings in iShares Russell 1000 Value ETF by 536.1% in the third quarter. Carmichael Hill & Associates Inc. now owns 229 shares of the exchange traded fund’s stock worth $43,000 after purchasing an additional 193 shares during the last quarter. Northwest Investment Counselors LLC bought a new stake in iShares Russell 1000 Value ETF in the 3rd quarter worth approximately $44,000. Finally, Howe & Rusling Inc. raised its stake in iShares Russell 1000 Value ETF by 144.1% during the 3rd quarter. Howe & Rusling Inc. now owns 249 shares of the exchange traded fund’s stock valued at $47,000 after buying an additional 147 shares during the last quarter.

iShares Russell 1000 Value ETF Price Performance

IWD stock opened at $193.78 on Wednesday. iShares Russell 1000 Value ETF has a 1 year low of $163.99 and a 1 year high of $200.42. The company has a market cap of $60.70 billion, a P/E ratio of 17.81 and a beta of 0.77. The stock’s fifty day moving average price is $191.14 and its 200-day moving average price is $187.38.

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).