Janney Capital Management LLC Sells 780 Shares of iShares Russell 1000 Value ETF $IWD

Janney Capital Management LLC lessened its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 12.8% in the second quarter, HoldingsChannel reports. The firm owned 5,300 shares of the exchange traded fund’s stock after selling 780 shares during the period. Janney Capital Management LLC’s holdings in iShares Russell 1000 Value ETF were worth $1,029,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in IWD. Brighton Jones LLC grew its holdings in iShares Russell 1000 Value ETF by 8.9% during the fourth quarter. Brighton Jones LLC now owns 36,663 shares of the exchange traded fund’s stock valued at $6,787,000 after purchasing an additional 2,981 shares during the period. Bison Wealth LLC grew its holdings in shares of iShares Russell 1000 Value ETF by 13.9% in the 4th quarter. Bison Wealth LLC now owns 4,121 shares of the exchange traded fund’s stock valued at $763,000 after buying an additional 502 shares during the period. Rhumbline Advisers increased its position in shares of iShares Russell 1000 Value ETF by 104.3% in the 1st quarter. Rhumbline Advisers now owns 40,272 shares of the exchange traded fund’s stock valued at $7,578,000 after buying an additional 20,563 shares in the last quarter. Fiduciary Alliance LLC acquired a new stake in iShares Russell 1000 Value ETF during the 1st quarter worth $624,000. Finally, Capital Asset Advisory Services LLC raised its stake in iShares Russell 1000 Value ETF by 3.0% during the 1st quarter. Capital Asset Advisory Services LLC now owns 6,965 shares of the exchange traded fund’s stock worth $1,317,000 after buying an additional 204 shares during the period. Institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Trading Up 0.2%

NYSEARCA:IWD opened at $203.59 on Wednesday. iShares Russell 1000 Value ETF has a 1 year low of $163.19 and a 1 year high of $204.02. The stock has a market cap of $64.25 billion, a price-to-earnings ratio of 18.83 and a beta of 0.95. The stock has a 50-day moving average price of $199.82 and a two-hundred day moving average price of $191.54.

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).