Parsons Capital Management Inc. RI Sells 115 Shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Parsons Capital Management Inc. RI reduced its position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 4.5% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 2,428 shares of the exchange traded fund’s stock after selling 115 shares during the period. Parsons Capital Management Inc. RI’s holdings in iShares Russell 1000 Value ETF were worth $435,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the company. SteelPeak Wealth LLC boosted its holdings in shares of iShares Russell 1000 Value ETF by 4.0% in the 1st quarter. SteelPeak Wealth LLC now owns 1,558 shares of the exchange traded fund’s stock valued at $279,000 after buying an additional 60 shares in the last quarter. Procyon Advisors LLC boosted its holdings in shares of iShares Russell 1000 Value ETF by 0.4% in the 1st quarter. Procyon Advisors LLC now owns 15,100 shares of the exchange traded fund’s stock valued at $2,705,000 after buying an additional 62 shares in the last quarter. Marshall Financial Group Inc. ADV boosted its holdings in shares of iShares Russell 1000 Value ETF by 0.6% in the 4th quarter. Marshall Financial Group Inc. ADV now owns 10,271 shares of the exchange traded fund’s stock valued at $1,697,000 after buying an additional 66 shares in the last quarter. Vivaldi Capital Management LP boosted its stake in iShares Russell 1000 Value ETF by 1.8% in the 4th quarter. Vivaldi Capital Management LP now owns 3,835 shares of the exchange traded fund’s stock worth $635,000 after purchasing an additional 67 shares in the last quarter. Finally, JFG Wealth Management LLC boosted its stake in iShares Russell 1000 Value ETF by 1.2% in the 4th quarter. JFG Wealth Management LLC now owns 5,886 shares of the exchange traded fund’s stock worth $973,000 after purchasing an additional 68 shares in the last quarter.

iShares Russell 1000 Value ETF Stock Performance

IWD stock traded down $0.15 during trading on Friday, reaching $173.05. The company had a trading volume of 1,773,243 shares, compared to its average volume of 2,156,531. The firm has a 50-day simple moving average of $173.68 and a 200-day simple moving average of $164.25. The company has a market cap of $54.23 billion, a price-to-earnings ratio of 17.74 and a beta of 0.80. iShares Russell 1000 Value ETF has a twelve month low of $143.34 and a twelve month high of $179.56.

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).