iShares Russell 1000 Value ETF (NYSEARCA:IWD) Position Trimmed by Corundum Group Inc.

Corundum Group Inc. decreased its position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 4.9% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 121,183 shares of the exchange traded fund’s stock after selling 6,182 shares during the quarter. iShares Russell 1000 Value ETF accounts for 10.5% of Corundum Group Inc.’s portfolio, making the stock its 2nd largest position. Corundum Group Inc.’s holdings in iShares Russell 1000 Value ETF were worth $23,001,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in IWD. Salem Investment Counselors Inc. grew its holdings in shares of iShares Russell 1000 Value ETF by 25.7% during the first quarter. Salem Investment Counselors Inc. now owns 2,334 shares of the exchange traded fund’s stock valued at $418,000 after buying an additional 477 shares during the last quarter. Northwest Investment Counselors LLC purchased a new stake in shares of iShares Russell 1000 Value ETF during the first quarter valued at approximately $42,000. AdvisorNet Financial Inc lifted its position in iShares Russell 1000 Value ETF by 18.5% during the first quarter. AdvisorNet Financial Inc now owns 2,034 shares of the exchange traded fund’s stock valued at $364,000 after purchasing an additional 318 shares during the period. Global Assets Advisory LLC bought a new position in iShares Russell 1000 Value ETF during the first quarter valued at approximately $24,710,000. Finally, Financial Synergies Wealth Advisors Inc. lifted its position in iShares Russell 1000 Value ETF by 244.9% during the first quarter. Financial Synergies Wealth Advisors Inc. now owns 307 shares of the exchange traded fund’s stock valued at $55,000 after purchasing an additional 218 shares during the period.

iShares Russell 1000 Value ETF Stock Up 0.2 %

Shares of iShares Russell 1000 Value ETF stock opened at $193.65 on Monday. The company has a market cap of $60.66 billion, a price-to-earnings ratio of 17.81 and a beta of 0.77. The company’s 50 day moving average is $186.92 and its 200 day moving average is $179.75. iShares Russell 1000 Value ETF has a twelve month low of $143.34 and a twelve month high of $193.77.

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).