JNBA Financial Advisors Has $316,000 Stake in iShares Russell 1000 Value ETF $IWD

JNBA Financial Advisors lowered its position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 3.2% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,628 shares of the exchange traded fund’s stock after selling 53 shares during the quarter. JNBA Financial Advisors’ holdings in iShares Russell 1000 Value ETF were worth $316,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Truvestments Capital LLC acquired a new stake in iShares Russell 1000 Value ETF in the first quarter valued at $25,000. GKV Capital Management Co. Inc. acquired a new stake in iShares Russell 1000 Value ETF in the first quarter valued at $27,000. RMG Wealth Management LLC acquired a new stake in iShares Russell 1000 Value ETF in the second quarter valued at $33,000. Creative Capital Management Investments LLC acquired a new stake in iShares Russell 1000 Value ETF in the first quarter valued at $38,000. Finally, Valley Wealth Managers Inc. lifted its stake in iShares Russell 1000 Value ETF by 78.0% in the first quarter. Valley Wealth Managers Inc. now owns 210 shares of the exchange traded fund’s stock valued at $40,000 after acquiring an additional 92 shares during the last quarter. Institutional investors and hedge funds own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Price Performance

Shares of IWD stock opened at $199.44 on Friday. The stock has a market cap of $63.02 billion, a P/E ratio of 18.83 and a beta of 0.95. The company has a fifty day moving average price of $200.88 and a two-hundred day moving average price of $192.37. iShares Russell 1000 Value ETF has a one year low of $163.19 and a one year high of $206.01.

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).