iShares Russell 1000 Value ETF $IWD Position Trimmed by JP Wealth Management Inc.

JP Wealth Management Inc. lessened its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 99.5% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 5,216 shares of the exchange traded fund’s stock after selling 976,227 shares during the period. iShares Russell 1000 Value ETF makes up about 0.8% of JP Wealth Management Inc.’s portfolio, making the stock its 9th biggest position. JP Wealth Management Inc.’s holdings in iShares Russell 1000 Value ETF were worth $1,013,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently bought and sold shares of the company. American National Bank & Trust raised its position in iShares Russell 1000 Value ETF by 8.1% during the 2nd quarter. American National Bank & Trust now owns 4,768 shares of the exchange traded fund’s stock worth $926,000 after buying an additional 358 shares during the last quarter. Falcon Wealth Planning raised its position in iShares Russell 1000 Value ETF by 6.5% during the 2nd quarter. Falcon Wealth Planning now owns 1,166 shares of the exchange traded fund’s stock worth $226,000 after buying an additional 71 shares during the last quarter. Builder Investment Group Inc. ADV purchased a new position in iShares Russell 1000 Value ETF during the 2nd quarter worth approximately $205,000. ST Germain D J Co. Inc. raised its position in iShares Russell 1000 Value ETF by 62.4% during the 2nd quarter. ST Germain D J Co. Inc. now owns 2,851 shares of the exchange traded fund’s stock worth $554,000 after buying an additional 1,095 shares during the last quarter. Finally, Beacon Investment Advisory Services Inc. purchased a new position in iShares Russell 1000 Value ETF during the 2nd quarter worth approximately $735,000. Hedge funds and other institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Trading Up 0.4%

IWD opened at $204.96 on Monday. iShares Russell 1000 Value ETF has a 12-month low of $163.19 and a 12-month high of $206.01. The firm has a market capitalization of $64.73 billion, a PE ratio of 18.83 and a beta of 0.95. The firm has a 50 day moving average of $200.15 and a two-hundred day moving average of $191.90.

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).