First Business Financial Services Inc. Sells 780 Shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD)

First Business Financial Services Inc. lessened its holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 0.3% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 286,403 shares of the exchange traded fund’s stock after selling 780 shares during the period. iShares Russell 1000 Value ETF comprises 5.4% of First Business Financial Services Inc.’s holdings, making the stock its 6th biggest holding. First Business Financial Services Inc.’s holdings in iShares Russell 1000 Value ETF were worth $54,359,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the business. Empowered Funds LLC acquired a new position in iShares Russell 1000 Value ETF during the 1st quarter worth approximately $290,000. Russell Investments Group Ltd. grew its stake in shares of iShares Russell 1000 Value ETF by 72.3% in the first quarter. Russell Investments Group Ltd. now owns 298 shares of the exchange traded fund’s stock worth $53,000 after purchasing an additional 125 shares during the last quarter. Koshinski Asset Management Inc. bought a new position in iShares Russell 1000 Value ETF during the 1st quarter worth $346,000. Tocqueville Asset Management L.P. acquired a new position in iShares Russell 1000 Value ETF during the 1st quarter worth about $251,000. Finally, Poehling Capital Management INC. grew its position in shares of iShares Russell 1000 Value ETF by 23.1% in the 1st quarter. Poehling Capital Management INC. now owns 1,889 shares of the exchange traded fund’s stock valued at $338,000 after buying an additional 355 shares during the last quarter.

iShares Russell 1000 Value ETF Price Performance

iShares Russell 1000 Value ETF stock opened at $193.82 on Friday. The stock’s 50 day moving average is $189.59 and its 200 day moving average is $182.01. The firm has a market cap of $60.71 billion, a P/E ratio of 17.81 and a beta of 0.77. iShares Russell 1000 Value ETF has a one year low of $153.25 and a one year high of $197.21.

iShares Russell 1000 Value ETF Company 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).