Premier Path Wealth Partners LLC Sells 2,365 Shares of iShares Russell 1000 Value ETF $IWD

Premier Path Wealth Partners LLC lessened its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 11.7% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 17,884 shares of the exchange traded fund’s stock after selling 2,365 shares during the quarter. Premier Path Wealth Partners LLC’s holdings in iShares Russell 1000 Value ETF were worth $3,474,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Truvestments Capital LLC purchased a new position in shares of iShares Russell 1000 Value ETF during the first quarter worth approximately $25,000. GKV Capital Management Co. Inc. purchased a new stake in shares of iShares Russell 1000 Value ETF in the first quarter valued at approximately $27,000. Advantage Trust Co bought a new position in iShares Russell 1000 Value ETF in the second quarter worth approximately $29,000. RMG Wealth Management LLC purchased a new position in iShares Russell 1000 Value ETF during the 2nd quarter worth $33,000. Finally, Valley Wealth Managers Inc. increased its holdings in iShares Russell 1000 Value ETF by 78.0% during the 1st quarter. Valley Wealth Managers Inc. now owns 210 shares of the exchange traded fund’s stock worth $40,000 after purchasing an additional 92 shares during the period. Institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Stock Down 0.7%

Shares of NYSEARCA IWD opened at $204.73 on Thursday. iShares Russell 1000 Value ETF has a twelve month low of $163.19 and a twelve month high of $207.58. The firm has a market cap of $65.06 billion, a PE ratio of 18.83 and a beta of 0.89. The business has a fifty day simple moving average of $202.84 and a two-hundred day simple moving average of $194.82.

iShares Russell 1000 Value ETF Company 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).