Wealthspan Partners LLC Reduces Stake in iShares Russell 1000 Value ETF $IWD

Wealthspan Partners LLC reduced its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 3.8% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 19,744 shares of the exchange traded fund’s stock after selling 774 shares during the quarter. iShares Russell 1000 Value ETF makes up approximately 1.6% of Wealthspan Partners LLC’s investment portfolio, making the stock its 18th largest position. Wealthspan Partners LLC’s holdings in iShares Russell 1000 Value ETF were worth $3,835,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also modified their holdings of the company. Truvestments Capital LLC acquired a new position in shares of iShares Russell 1000 Value ETF in the 1st quarter valued at $25,000. GKV Capital Management Co. Inc. acquired a new position in shares of iShares Russell 1000 Value ETF in the 1st quarter valued at $27,000. RMG Wealth Management LLC acquired a new position in shares of iShares Russell 1000 Value ETF in the 2nd quarter valued at $33,000. Creative Capital Management Investments LLC acquired a new position in shares of iShares Russell 1000 Value ETF in the 1st quarter valued at $38,000. Finally, Valley Wealth Managers Inc. lifted its stake in shares of iShares Russell 1000 Value ETF by 78.0% in the 1st quarter. Valley Wealth Managers Inc. now owns 210 shares of the exchange traded fund’s stock valued at $40,000 after purchasing an additional 92 shares during the last quarter. Institutional investors and hedge funds own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Stock Up 0.4%

Shares of iShares Russell 1000 Value ETF stock opened at $203.87 on Thursday. iShares Russell 1000 Value ETF has a 52 week low of $163.19 and a 52 week high of $206.01. The business’s fifty day simple moving average is $201.37 and its 200-day simple moving average is $192.67. The firm has a market cap of $64.41 billion, a PE ratio of 18.83 and a beta of 0.95.

iShares Russell 1000 Value ETF 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).