iShares Russell 1000 Value ETF $IWD Shares Sold by Prism Advisors Inc.

Prism Advisors Inc. trimmed its position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 3.9% in the third quarter, Holdings Channel reports. The fund owned 53,196 shares of the exchange traded fund’s stock after selling 2,170 shares during the quarter. iShares Russell 1000 Value ETF comprises approximately 3.4% of Prism Advisors Inc.’s investment portfolio, making the stock its 11th biggest holding. Prism Advisors Inc.’s holdings in iShares Russell 1000 Value ETF were worth $13,405,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Atlas Brown Inc. bought a new position in shares of iShares Russell 1000 Value ETF in the third quarter worth about $2,940,000. Mirador Capital Partners LP bought a new stake in iShares Russell 1000 Value ETF during the 3rd quarter valued at approximately $704,000. Decker Wealth Management LLC bought a new stake in iShares Russell 1000 Value ETF during the 3rd quarter valued at approximately $555,000. Chapin Davis Inc. acquired a new stake in iShares Russell 1000 Value ETF in the 3rd quarter valued at approximately $752,000. Finally, Inspirion Wealth Advisors LLC acquired a new stake in iShares Russell 1000 Value ETF in the 3rd quarter valued at approximately $249,000. 84.93% of the stock is owned by institutional investors and hedge funds.

iShares Russell 1000 Value ETF Stock Up 0.6%

Shares of NYSEARCA IWD opened at $253.54 on Friday. The business’s 50 day moving average is $254.79 and its two-hundred day moving average is $241.97. The company has a market cap of $82.82 billion, a P/E ratio of 18.83 and a beta of 0.84. iShares Russell 1000 Value ETF has a 12 month low of $199.40 and a 12 month high of $260.19.

iShares Russell 1000 Value ETF Company 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). 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.