iShares Russell 1000 Value ETF $IWD Shares Sold by United Advisor Group LLC

United Advisor Group LLC lowered its holdings in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 33.0% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 5,555 shares of the exchange traded fund’s stock after selling 2,739 shares during the quarter. United Advisor Group LLC’s holdings in iShares Russell 1000 Value ETF were worth $1,377,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Brookstone Capital Management bought a new position in shares of iShares Russell 1000 Value ETF during the third quarter valued at approximately $3,556,000. Capital Investment Advisors LLC purchased a new position in iShares Russell 1000 Value ETF during the third quarter valued at approximately $6,532,000. Evanson Financial LLC purchased a new position in iShares Russell 1000 Value ETF during the second quarter valued at approximately $3,582,000. Barrett & Company Inc. purchased a new position in iShares Russell 1000 Value ETF during the third quarter valued at approximately $2,013,000. Finally, Stairway Partners LLC bought a new position in iShares Russell 1000 Value ETF in the third quarter worth approximately $326,735,000. Hedge funds and other institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Stock Down 0.4%

Shares of NYSEARCA:IWD opened at $257.45 on Friday. The firm has a 50 day moving average of $254.98 and a 200 day moving average of $239.16. The company has a market capitalization of $82.83 billion, a price-to-earnings ratio of 18.83 and a beta of 0.84. iShares Russell 1000 Value ETF has a 52 week low of $199.79 and a 52 week high of $267.24.

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). The Index represents approximately 50% of the total market capitalization of the Russell 1000 Index. The Index measures the large-capital value sector of the United States equity market.