IFG Advisors LLC Sells 306 Shares of iShares Russell 1000 Value ETF $IWD

IFG Advisors LLC lessened its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 16.3% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,572 shares of the exchange traded fund’s stock after selling 306 shares during the quarter. IFG Advisors LLC’s holdings in iShares Russell 1000 Value ETF were worth $305,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. Penobscot Investment Management Company Inc. increased its stake in shares of iShares Russell 1000 Value ETF by 4.6% in the 2nd quarter. Penobscot Investment Management Company Inc. now owns 1,250 shares of the exchange traded fund’s stock valued at $243,000 after buying an additional 55 shares during the period. Warner Financial Inc. boosted its holdings in iShares Russell 1000 Value ETF by 1.6% in the second quarter. Warner Financial Inc. now owns 3,578 shares of the exchange traded fund’s stock valued at $695,000 after acquiring an additional 58 shares during the last quarter. InvesTrust increased its position in iShares Russell 1000 Value ETF by 0.6% in the second quarter. InvesTrust now owns 10,331 shares of the exchange traded fund’s stock worth $2,007,000 after purchasing an additional 59 shares during the period. U.S. Capital Wealth Advisors LLC raised its holdings in iShares Russell 1000 Value ETF by 0.6% during the 2nd quarter. U.S. Capital Wealth Advisors LLC now owns 10,150 shares of the exchange traded fund’s stock worth $1,971,000 after purchasing an additional 59 shares during the last quarter. Finally, Armstrong Advisory Group Inc. lifted its position in iShares Russell 1000 Value ETF by 3.0% during the 2nd quarter. Armstrong Advisory Group Inc. now owns 2,115 shares of the exchange traded fund’s stock valued at $411,000 after purchasing an additional 61 shares during the period. 84.93% of the stock is owned by institutional investors.

iShares Russell 1000 Value ETF Trading Up 0.8%

Shares of NYSEARCA IWD opened at $203.12 on Wednesday. iShares Russell 1000 Value ETF has a 1 year low of $163.19 and a 1 year high of $206.01. The firm’s 50-day moving average is $201.19 and its 200-day moving average is $192.60. The firm has a market capitalization of $64.16 billion, a PE ratio of 18.83 and a beta of 0.95.

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).