Allspring Global Investments Holdings LLC Sells 508 Shares of iShares Russell 1000 Value ETF $IWD

Allspring Global Investments Holdings LLC lowered its position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 1.1% in the 2nd quarter, HoldingsChannel reports. The fund owned 46,887 shares of the exchange traded fund’s stock after selling 508 shares during the period. Allspring Global Investments Holdings LLC’s holdings in iShares Russell 1000 Value ETF were worth $9,191,000 as of its most recent filing with the SEC.

Several other institutional investors have also added to or reduced their stakes in the business. Truvestments Capital LLC purchased a new position in shares of iShares Russell 1000 Value ETF in the first quarter worth about $25,000. GKV Capital Management Co. Inc. purchased a new position in iShares Russell 1000 Value ETF in the 1st quarter valued at approximately $27,000. RMG Wealth Management LLC bought a new stake in iShares Russell 1000 Value ETF during the 2nd quarter valued at $33,000. Valley Wealth Managers Inc. lifted its position in shares of iShares Russell 1000 Value ETF by 78.0% during the first quarter. Valley Wealth Managers Inc. now owns 210 shares of the exchange traded fund’s stock worth $40,000 after acquiring an additional 92 shares in the last quarter. Finally, Milestone Investment Advisors LLC bought a new position in shares of iShares Russell 1000 Value ETF in the first quarter worth $41,000. 84.93% of the stock is owned by hedge funds and other institutional investors.

iShares Russell 1000 Value ETF Price Performance

iShares Russell 1000 Value ETF stock opened at $202.84 on Friday. iShares Russell 1000 Value ETF has a one year low of $163.19 and a one year high of $206.01. The firm has a market capitalization of $64.15 billion, a P/E ratio of 18.83 and a beta of 0.95. The business has a fifty day moving average price of $201.66 and a 200-day moving average price of $192.90.

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).