Westwood Holdings Group Inc. Decreases Stake in iShares Russell 1000 Value ETF $IWD

Westwood Holdings Group Inc. decreased its holdings in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 6.5% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 78,882 shares of the exchange traded fund’s stock after selling 5,481 shares during the quarter. Westwood Holdings Group Inc.’s holdings in iShares Russell 1000 Value ETF were worth $15,321,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Kestra Investment Management LLC lifted its stake in shares of iShares Russell 1000 Value ETF by 27.6% in the second quarter. Kestra Investment Management LLC now owns 2,779 shares of the exchange traded fund’s stock worth $540,000 after buying an additional 601 shares in the last quarter. Front Row Advisors LLC grew its stake in iShares Russell 1000 Value ETF by 3.9% during the 2nd quarter. Front Row Advisors LLC now owns 2,695 shares of the exchange traded fund’s stock valued at $523,000 after acquiring an additional 100 shares in the last quarter. High Falls Advisors Inc raised its holdings in iShares Russell 1000 Value ETF by 35.2% in the 2nd quarter. High Falls Advisors Inc now owns 2,064 shares of the exchange traded fund’s stock valued at $401,000 after acquiring an additional 537 shares during the last quarter. Captrust Financial Advisors lifted its stake in iShares Russell 1000 Value ETF by 16.0% in the 2nd quarter. Captrust Financial Advisors now owns 427,355 shares of the exchange traded fund’s stock worth $83,005,000 after purchasing an additional 58,986 shares in the last quarter. Finally, Keel Point LLC boosted its holdings in shares of iShares Russell 1000 Value ETF by 0.6% during the 2nd quarter. Keel Point LLC now owns 84,393 shares of the exchange traded fund’s stock worth $16,392,000 after purchasing an additional 495 shares during the last quarter. 84.93% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell 1000 Value ETF Price Performance

IWD stock opened at $211.79 on Monday. The business has a 50 day simple moving average of $205.68 and a 200-day simple moving average of $200.07. The firm has a market capitalization of $67.37 billion, a PE ratio of 18.83 and a beta of 0.89. iShares Russell 1000 Value ETF has a 1 year low of $163.19 and a 1 year high of $213.53.

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).