iShares Russell 1000 Value ETF (NYSEARCA:IWD) Stock Position Lowered by Wedbush Securities Inc.

Wedbush Securities Inc. lowered its position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 5.5% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 8,887 shares of the exchange traded fund’s stock after selling 517 shares during the quarter. Wedbush Securities Inc.’s holdings in iShares Russell 1000 Value ETF were worth $1,551,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Western Pacific Wealth Management LP bought a new position in shares of iShares Russell 1000 Value ETF in the fourth quarter valued at $167,000. InterOcean Capital Group LLC raised its position in shares of iShares Russell 1000 Value ETF by 11.0% during the fourth quarter. InterOcean Capital Group LLC now owns 6,706 shares of the exchange traded fund’s stock worth $1,108,000 after purchasing an additional 667 shares during the period. Berkeley Capital Partners LLC lifted its holdings in shares of iShares Russell 1000 Value ETF by 6.5% during the fourth quarter. Berkeley Capital Partners LLC now owns 3,817 shares of the exchange traded fund’s stock valued at $631,000 after purchasing an additional 234 shares during the last quarter. Platform Technology Partners acquired a new position in shares of iShares Russell 1000 Value ETF in the 4th quarter valued at $244,000. Finally, Objectivity Squared LLC increased its stake in iShares Russell 1000 Value ETF by 6.6% in the 2nd quarter. Objectivity Squared LLC now owns 51,759 shares of the exchange traded fund’s stock worth $9,440,000 after purchasing an additional 3,215 shares in the last quarter.

iShares Russell 1000 Value ETF Trading Up 1.0 %

NYSEARCA IWD opened at $184.43 on Tuesday. iShares Russell 1000 Value ETF has a 1 year low of $143.34 and a 1 year high of $188.47. The company has a market cap of $57.77 billion, a PE ratio of 17.81 and a beta of 0.77. The stock’s 50-day moving average price is $180.70 and its two-hundred day moving average price is $176.81.

iShares Russell 1000 Value ETF Company 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).