Red Lighthouse Investment Management LLC Has $254,000 Stock Holdings in iShares Russell 1000 Value ETF $IWD

Red Lighthouse Investment Management LLC cut its position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 85.9% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,308 shares of the exchange traded fund’s stock after selling 7,962 shares during the period. Red Lighthouse Investment Management LLC’s holdings in iShares Russell 1000 Value ETF were worth $254,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of IWD. American National Bank & Trust increased its position in shares of iShares Russell 1000 Value ETF by 8.1% during the second quarter. American National Bank & Trust now owns 4,768 shares of the exchange traded fund’s stock worth $926,000 after acquiring an additional 358 shares in the last quarter. Apollon Wealth Management LLC increased its position in shares of iShares Russell 1000 Value ETF by 0.8% during the second quarter. Apollon Wealth Management LLC now owns 13,685 shares of the exchange traded fund’s stock worth $2,658,000 after acquiring an additional 106 shares in the last quarter. Falcon Wealth Planning increased its position in shares of iShares Russell 1000 Value ETF by 6.5% during the second quarter. Falcon Wealth Planning now owns 1,166 shares of the exchange traded fund’s stock worth $226,000 after acquiring an additional 71 shares in the last quarter. Builder Investment Group Inc. ADV bought a new stake in shares of iShares Russell 1000 Value ETF during the second quarter worth $205,000. Finally, ST Germain D J Co. Inc. increased its position in shares of iShares Russell 1000 Value ETF by 62.4% during the second quarter. ST Germain D J Co. Inc. now owns 2,851 shares of the exchange traded fund’s stock worth $554,000 after acquiring an additional 1,095 shares in the last quarter. 84.93% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell 1000 Value ETF Stock Up 0.6%

Shares of IWD stock opened at $206.30 on Monday. The firm has a fifty day moving average of $202.40 and a 200-day moving average of $194.19. iShares Russell 1000 Value ETF has a 12-month low of $163.19 and a 12-month high of $206.87. The company has a market capitalization of $65.53 billion, a price-to-earnings ratio of 18.83 and a beta of 0.95.

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).