Investors Research Corp Sells 473 Shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Investors Research Corp reduced its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 50.8% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 458 shares of the exchange traded fund’s stock after selling 473 shares during the quarter. Investors Research Corp’s holdings in iShares Russell 1000 Value ETF were worth $87,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in IWD. Triad Wealth Partners LLC acquired a new position in iShares Russell 1000 Value ETF during the second quarter valued at approximately $25,000. Opal Wealth Advisors LLC acquired a new position in iShares Russell 1000 Value ETF in the 2nd quarter valued at $28,000. Eagle Bay Advisors LLC bought a new position in iShares Russell 1000 Value ETF in the 3rd quarter worth $32,000. Nemes Rush Group LLC lifted its position in iShares Russell 1000 Value ETF by 382.1% during the 2nd 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. bought a new stake in iShares Russell 1000 Value ETF during the second quarter valued at about $37,000.

iShares Russell 1000 Value ETF Stock Performance

NYSEARCA IWD opened at $196.11 on Friday. The stock has a market capitalization of $61.43 billion, a PE ratio of 17.81 and a beta of 0.77. The stock has a 50-day simple moving average of $190.79 and a 200 day simple moving average of $182.84. iShares Russell 1000 Value ETF has a twelve month low of $155.02 and a twelve month high of $197.21.

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).