KMG Fiduciary Partners LLC Sells 808 Shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD)

KMG Fiduciary Partners LLC reduced its holdings in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 11.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,216 shares of the exchange traded fund’s stock after selling 808 shares during the period. KMG Fiduciary Partners LLC’s holdings in iShares Russell 1000 Value ETF were worth $1,180,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently modified their holdings of IWD. Objectivity Squared LLC raised its stake in shares of iShares Russell 1000 Value ETF by 6.6% during the 2nd quarter. Objectivity Squared LLC now owns 51,759 shares of the exchange traded fund’s stock valued at $9,440,000 after buying an additional 3,215 shares during the last quarter. Raymond James & Associates increased its holdings in shares of iShares Russell 1000 Value ETF by 0.3% during the 2nd quarter. Raymond James & Associates now owns 3,644,049 shares of the exchange traded fund’s stock valued at $635,777,000 after purchasing an additional 11,960 shares in the last quarter. Bank of New York Mellon Corp lifted its stake in shares of iShares Russell 1000 Value ETF by 8.8% in the 2nd quarter. Bank of New York Mellon Corp now owns 866,591 shares of the exchange traded fund’s stock valued at $151,194,000 after purchasing an additional 70,330 shares during the period. Empowered Funds LLC purchased a new stake in iShares Russell 1000 Value ETF during the first quarter worth $290,000. Finally, Lake Hills Wealth Management LLC acquired a new stake in iShares Russell 1000 Value ETF during the third quarter valued at $271,000.

iShares Russell 1000 Value ETF Stock Performance

Shares of iShares Russell 1000 Value ETF stock opened at $193.65 on Friday. The firm has a 50-day simple moving average of $186.92 and a two-hundred day simple moving average of $179.73. iShares Russell 1000 Value ETF has a fifty-two week low of $143.34 and a fifty-two week high of $193.77. The company has a market cap of $60.66 billion, a P/E ratio of 17.81 and a beta of 0.77.

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).