Brendel Financial Advisors LLC reduced its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD – Free Report) by 6.1% in the first quarter, HoldingsChannel.com reports. The fund owned 3,653 shares of the exchange traded fund’s stock after selling 238 shares during the quarter. Brendel Financial Advisors LLC’s holdings in iShares Russell 1000 Value ETF were worth $687,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds and other institutional investors also recently bought and sold shares of IWD. Flagship Wealth Advisors LLC acquired a new position in iShares Russell 1000 Value ETF in the fourth quarter valued at approximately $26,000. Ameriflex Group Inc. bought a new stake in shares of iShares Russell 1000 Value ETF during the fourth quarter valued at approximately $29,000. Transce3nd LLC bought a new stake in shares of iShares Russell 1000 Value ETF during the fourth quarter valued at approximately $31,000. Halbert Hargrove Global Advisors LLC bought a new stake in shares of iShares Russell 1000 Value ETF during the fourth quarter valued at approximately $32,000. Finally, Whipplewood Advisors LLC bought a new stake in shares of iShares Russell 1000 Value ETF during the first quarter valued at approximately $33,000.
iShares Russell 1000 Value ETF Trading Up 0.2%
IWD opened at $189.42 on Friday. The business’s 50 day moving average is $185.71 and its 200-day moving average is $187.53. The stock has a market cap of $60.82 billion, a PE ratio of 19.08 and a beta of 0.90. iShares Russell 1000 Value ETF has a twelve month low of $163.19 and a twelve month high of $200.42.
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).
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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 – Free Report).
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