Soltis Investment Advisors LLC Trims Stake in iShares Russell 1000 Value ETF $IWD

Soltis Investment Advisors LLC lessened its position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 19.4% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 2,540 shares of the exchange traded fund’s stock after selling 610 shares during the quarter. Soltis Investment Advisors LLC’s holdings in iShares Russell 1000 Value ETF were worth $493,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in IWD. Goldman Sachs Group Inc. boosted its holdings in shares of iShares Russell 1000 Value ETF by 2.4% in the first quarter. Goldman Sachs Group Inc. now owns 15,629,692 shares of the exchange traded fund’s stock valued at $2,940,883,000 after acquiring an additional 363,429 shares during the period. Envestnet Asset Management Inc. boosted its stake in iShares Russell 1000 Value ETF by 0.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 6,599,784 shares of the exchange traded fund’s stock worth $1,281,871,000 after purchasing an additional 57,669 shares during the period. Baird Financial Group Inc. boosted its stake in iShares Russell 1000 Value ETF by 1.8% during the 1st quarter. Baird Financial Group Inc. now owns 4,681,498 shares of the exchange traded fund’s stock worth $880,871,000 after purchasing an additional 81,955 shares during the period. Northern Trust Corp grew its position in iShares Russell 1000 Value ETF by 5.9% during the 1st quarter. Northern Trust Corp now owns 4,518,369 shares of the exchange traded fund’s stock worth $850,176,000 after purchasing an additional 253,088 shares during the last quarter. Finally, LPL Financial LLC increased its stake in iShares Russell 1000 Value ETF by 6.2% in the first quarter. LPL Financial LLC now owns 3,949,393 shares of the exchange traded fund’s stock valued at $743,118,000 after purchasing an additional 229,198 shares during the period. Institutional investors and hedge funds own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Stock Performance

Shares of NYSEARCA:IWD opened at $204.42 on Friday. iShares Russell 1000 Value ETF has a one year low of $163.19 and a one year high of $207.58. The stock has a market capitalization of $65.03 billion, a price-to-earnings ratio of 18.83 and a beta of 0.89. The company has a 50-day simple moving average of $203.25 and a 200-day simple moving average of $196.04.

iShares Russell 1000 Value ETF 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).