iShares Russell 1000 Value ETF (NYSEARCA:IWD) Shares Sold by Strategic Wealth Management Group LLC

Strategic Wealth Management Group LLC lowered its position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 3.7% during the second quarter, HoldingsChannel.com reports. The fund owned 10,853 shares of the exchange traded fund’s stock after selling 417 shares during the quarter. iShares Russell 1000 Value ETF accounts for approximately 1.1% of Strategic Wealth Management Group LLC’s holdings, making the stock its 16th largest holding. Strategic Wealth Management Group LLC’s holdings in iShares Russell 1000 Value ETF were worth $1,381,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Jackson Hole Capital Partners LLC acquired a new stake in iShares Russell 1000 Value ETF during the 4th quarter valued at $27,000. Covenant Multifamily Offices LLC acquired a new stake in iShares Russell 1000 Value ETF during the 1st quarter valued at $28,000. Resources Management Corp CT ADV acquired a new stake in iShares Russell 1000 Value ETF during the 4th quarter valued at $29,000. Litman Gregory Asset Management LLC acquired a new stake in iShares Russell 1000 Value ETF during the 1st quarter valued at $31,000. Finally, WP Advisors LLC acquired a new stake in iShares Russell 1000 Value ETF during the 1st quarter valued at $32,000.

NYSEARCA:IWD traded up $0.49 during trading hours on Friday, reaching $129.88. 43,104 shares of the company traded hands, compared to its average volume of 2,172,001. The firm’s 50-day simple moving average is $127.46. iShares Russell 1000 Value ETF has a 1-year low of $104.07 and a 1-year high of $129.98.

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).

See Also: Insider Trading – What You Need to Know

Want to see what other hedge funds are holding IWD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Russell 1000 Value ETF (NYSEARCA:IWD).

Institutional Ownership by Quarter for iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Receive News & Ratings for iShares Russell 1000 Value ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Russell 1000 Value ETF and related companies with MarketBeat.com's FREE daily email newsletter.