Focus Partners Advisor Solutions LLC Sells 4,719 Shares of iShares Russell 1000 Value ETF $IWD

Focus Partners Advisor Solutions LLC cut its holdings in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 19.5% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 19,543 shares of the exchange traded fund’s stock after selling 4,719 shares during the period. Focus Partners Advisor Solutions LLC’s holdings in iShares Russell 1000 Value ETF were worth $3,796,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in IWD. Pacific Life Fund Advisors LLC purchased a new position in iShares Russell 1000 Value ETF during the 1st quarter valued at $232,664,000. Goldman Sachs Group Inc. grew its holdings in shares of iShares Russell 1000 Value ETF by 2.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 15,629,692 shares of the exchange traded fund’s stock worth $2,940,883,000 after acquiring an additional 363,429 shares during the period. American Century Companies Inc. raised its position in shares of iShares Russell 1000 Value ETF by 62.3% in the 1st quarter. American Century Companies Inc. now owns 935,164 shares of the exchange traded fund’s stock worth $175,960,000 after acquiring an additional 358,906 shares in the last quarter. Nuveen LLC purchased a new position in shares of iShares Russell 1000 Value ETF in the 1st quarter valued at approximately $58,271,000. Finally, Independence Asset Advisors LLC bought a new stake in shares of iShares Russell 1000 Value ETF during the second quarter valued at approximately $59,496,000. Institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Trading Up 0.6%

IWD opened at $206.30 on Friday. The company has a market cap of $65.53 billion, a price-to-earnings ratio of 18.83 and a beta of 0.95. The stock has a fifty day simple moving average of $202.40 and a two-hundred day simple moving average of $194.09. iShares Russell 1000 Value ETF has a 12-month low of $163.19 and a 12-month high of $206.87.

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).