Bank of Montreal Can Sells 3,484 Shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Bank of Montreal Can decreased its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 2.8% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 120,736 shares of the exchange traded fund’s stock after selling 3,484 shares during the quarter. Bank of Montreal Can’s holdings in iShares Russell 1000 Value ETF were worth $22,854,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Triad Wealth Partners LLC bought a new position in iShares Russell 1000 Value ETF during the second quarter worth about $25,000. Opal Wealth Advisors LLC acquired a new position in iShares Russell 1000 Value ETF during the second quarter valued at approximately $28,000. Eagle Bay Advisors LLC bought a new stake in shares of iShares Russell 1000 Value ETF during the 3rd quarter worth $32,000. Nemes Rush Group LLC lifted its holdings in shares of iShares Russell 1000 Value ETF by 382.1% in the second quarter. Nemes Rush Group LLC now owns 188 shares of the exchange traded fund’s stock worth $33,000 after acquiring an additional 149 shares during the last quarter. Finally, Family Firm Inc. bought a new position in iShares Russell 1000 Value ETF in the 2nd quarter valued at approximately $37,000.

iShares Russell 1000 Value ETF Stock Up 0.2 %

Shares of IWD stock opened at $199.79 on Friday. iShares Russell 1000 Value ETF has a twelve month low of $156.18 and a twelve month high of $200.42. The stock’s fifty day simple moving average is $192.15 and its 200 day simple moving average is $183.81. The firm has a market capitalization of $62.58 billion, a P/E ratio of 17.81 and a beta of 0.77.

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).