Oppenheimer Asset Management Inc. Sells 13,464 Shares of iShares Russell 1000 Value ETF $IWD

Oppenheimer Asset Management Inc. decreased its position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 13.6% during the second quarter, HoldingsChannel reports. The firm owned 85,895 shares of the exchange traded fund’s stock after selling 13,464 shares during the quarter. Oppenheimer Asset Management Inc.’s holdings in iShares Russell 1000 Value ETF were worth $16,683,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently modified their holdings of the company. American National Bank & Trust raised its position in shares of iShares Russell 1000 Value ETF by 8.1% in the second quarter. American National Bank & Trust now owns 4,768 shares of the exchange traded fund’s stock valued at $926,000 after purchasing an additional 358 shares during the period. Apollon Wealth Management LLC raised its position in shares of iShares Russell 1000 Value ETF by 0.8% in the second quarter. Apollon Wealth Management LLC now owns 13,685 shares of the exchange traded fund’s stock valued at $2,658,000 after purchasing an additional 106 shares during the period. Falcon Wealth Planning raised its position in shares of iShares Russell 1000 Value ETF by 6.5% in the second quarter. Falcon Wealth Planning now owns 1,166 shares of the exchange traded fund’s stock valued at $226,000 after purchasing an additional 71 shares during the period. Builder Investment Group Inc. ADV bought a new position in shares of iShares Russell 1000 Value ETF in the second quarter valued at approximately $205,000. Finally, ST Germain D J Co. Inc. raised its position in shares of iShares Russell 1000 Value ETF by 62.4% in the second quarter. ST Germain D J Co. Inc. now owns 2,851 shares of the exchange traded fund’s stock valued at $554,000 after purchasing an additional 1,095 shares during the period. Institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Trading Up 0.6%

Shares of IWD stock opened at $206.30 on Monday. iShares Russell 1000 Value ETF has a 1 year low of $163.19 and a 1 year high of $206.87. The firm’s fifty day simple moving average is $202.40 and its 200 day simple moving average is $194.19. The firm has a market capitalization of $65.53 billion, a P/E ratio of 18.83 and a beta of 0.95.

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).