iShares Russell 1000 Value ETF $IWD is FDx Advisors Inc.’s 6th Largest Position

FDx Advisors Inc. trimmed its position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 8.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 65,411 shares of the exchange traded fund’s stock after selling 6,112 shares during the quarter. iShares Russell 1000 Value ETF accounts for approximately 4.0% of FDx Advisors Inc.’s holdings, making the stock its 6th biggest holding. FDx Advisors Inc.’s holdings in iShares Russell 1000 Value ETF were worth $13,381,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Clayton Financial Group LLC purchased a new position in shares of iShares Russell 1000 Value ETF in the third quarter valued at about $27,000. Advantage Trust Co bought a new stake in shares of iShares Russell 1000 Value ETF in the second quarter worth about $29,000. RMG Wealth Management LLC purchased a new position in iShares Russell 1000 Value ETF during the 2nd quarter valued at about $33,000. Access Investment Management LLC purchased a new position in iShares Russell 1000 Value ETF during the 2nd quarter valued at about $35,000. Finally, Clarity Asset Management Inc. bought a new position in iShares Russell 1000 Value ETF during the 2nd quarter valued at approximately $35,000. 84.93% of the stock is currently owned by institutional investors.

iShares Russell 1000 Value ETF Stock Performance

NYSEARCA IWD opened at $219.86 on Friday. The stock has a market cap of $68.86 billion, a P/E ratio of 18.83 and a beta of 0.89. iShares Russell 1000 Value ETF has a fifty-two week low of $163.19 and a fifty-two week high of $221.43. The stock has a 50 day simple moving average of $213.36 and a two-hundred day simple moving average of $205.56.

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.