SG Americas Securities LLC Cuts Holdings in iShares Russell 1000 Value ETF $IWD

SG Americas Securities LLC decreased its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 93.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 6,431 shares of the exchange traded fund’s stock after selling 99,863 shares during the period. SG Americas Securities LLC’s holdings in iShares Russell 1000 Value ETF were worth $1,309,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in IWD. Clayton Financial Group LLC purchased a new position in iShares Russell 1000 Value ETF in the third quarter worth $27,000. Advantage Trust Co purchased a new stake in iShares Russell 1000 Value ETF during the second quarter valued at about $29,000. RMG Wealth Management LLC bought a new stake in iShares Russell 1000 Value ETF during the second quarter worth about $33,000. Access Investment Management LLC purchased a new position in shares of iShares Russell 1000 Value ETF in the 2nd quarter worth about $35,000. Finally, Clarity Asset Management Inc. bought a new position in shares of iShares Russell 1000 Value ETF during the 2nd quarter valued at about $35,000. Hedge funds and other institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Trading Down 0.1%

Shares of NYSEARCA IWD opened at $218.99 on Friday. The stock’s 50-day moving average is $210.39 and its 200 day moving average is $203.92. The stock has a market cap of $70.28 billion, a price-to-earnings ratio of 18.83 and a beta of 0.89. iShares Russell 1000 Value ETF has a 1-year low of $163.19 and a 1-year high of $219.86.

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). The Index represents approximately 50% of the total market capitalization of the Russell 1000 Index. The Index measures the large-capital value sector of the United States equity market.