SageView Advisory Group LLC Lowers Stock Position in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

SageView Advisory Group LLC cut its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 13.9% in the third quarter, HoldingsChannel reports. The fund owned 1,166 shares of the exchange traded fund’s stock after selling 188 shares during the period. SageView Advisory Group LLC’s holdings in iShares Russell 1000 Value ETF were worth $221,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Triad Wealth Partners LLC bought a new position in shares of iShares Russell 1000 Value ETF in the second quarter worth approximately $25,000. Opal Wealth Advisors LLC purchased a new position in shares of iShares Russell 1000 Value ETF during 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 boosted its holdings in iShares Russell 1000 Value ETF by 382.1% in the 2nd quarter. Nemes Rush Group LLC now owns 188 shares of the exchange traded fund’s stock worth $33,000 after buying an additional 149 shares during the period. Finally, Family Firm Inc. purchased a new stake in iShares Russell 1000 Value ETF in the 2nd quarter worth $37,000.

iShares Russell 1000 Value ETF Stock Down 0.3 %

Shares of iShares Russell 1000 Value ETF stock opened at $195.92 on Friday. The company has a market capitalization of $61.37 billion, a price-to-earnings ratio of 17.81 and a beta of 0.77. The stock’s 50-day simple moving average is $192.98 and its 200-day simple moving average is $184.51. iShares Russell 1000 Value ETF has a 52 week low of $157.69 and a 52 week high of $200.42.

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).