Grant Street Asset Management Inc. Sells 1,502 Shares of iShares Russell 1000 Value ETF $IWD

Grant Street Asset Management Inc. trimmed its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 10.5% in the second quarter, Holdings Channel reports. The firm owned 12,804 shares of the exchange traded fund’s stock after selling 1,502 shares during the quarter. iShares Russell 1000 Value ETF comprises approximately 0.6% of Grant Street Asset Management Inc.’s investment portfolio, making the stock its 19th biggest position. Grant Street Asset Management Inc.’s holdings in iShares Russell 1000 Value ETF were worth $2,487,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. American National Bank & Trust grew its stake in 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 in the last quarter. Apollon Wealth Management LLC grew its stake in 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 in the last quarter. Falcon Wealth Planning grew its stake in 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 in the last quarter. Builder Investment Group Inc. ADV bought a new position in iShares Russell 1000 Value ETF in the second quarter valued at approximately $205,000. Finally, ST Germain D J Co. Inc. lifted 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 buying an additional 1,095 shares during the last quarter. 84.93% of the stock is currently owned by institutional investors.

iShares Russell 1000 Value ETF Trading Down 0.7%

Shares of NYSEARCA IWD opened at $204.73 on Thursday. iShares Russell 1000 Value ETF has a 12 month low of $163.19 and a 12 month high of $207.58. The stock has a 50 day moving average of $202.84 and a 200-day moving average of $194.82. The company has a market capitalization of $65.06 billion, a P/E ratio of 18.83 and a beta of 0.89.

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).