KMG Fiduciary Partners LLC Cuts Stock Position in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

KMG Fiduciary Partners LLC trimmed its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 11.5% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 6,216 shares of the exchange traded fund’s stock after selling 808 shares during the quarter. KMG Fiduciary Partners LLC’s holdings in iShares Russell 1000 Value ETF were worth $1,180,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of IWD. Triad Wealth Partners LLC purchased a new position in iShares Russell 1000 Value ETF in the 2nd quarter valued at about $25,000. Opal Wealth Advisors LLC acquired a new position in shares of iShares Russell 1000 Value ETF during the second quarter valued at approximately $28,000. Concord Wealth Partners lifted its position in shares of iShares Russell 1000 Value ETF by 70.4% in the first quarter. Concord Wealth Partners now owns 167 shares of the exchange traded fund’s stock valued at $30,000 after acquiring an additional 69 shares in the last quarter. Nemes Rush Group LLC boosted its stake in shares of iShares Russell 1000 Value ETF by 382.1% in the second quarter. Nemes Rush Group LLC now owns 188 shares of the exchange traded fund’s stock worth $33,000 after acquiring an additional 149 shares during the last quarter. Finally, Family Firm Inc. purchased a new stake in shares of iShares Russell 1000 Value ETF during the second quarter worth approximately $37,000.

iShares Russell 1000 Value ETF Stock Performance

Shares of IWD stock opened at $193.65 on Friday. iShares Russell 1000 Value ETF has a fifty-two week low of $143.34 and a fifty-two week high of $193.77. The stock’s fifty day moving average is $186.92 and its two-hundred day moving average is $179.73. The firm has a market capitalization of $60.66 billion, a P/E ratio of 17.81 and a beta of 0.77.

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).