Linscomb Wealth Inc. Sells 1,718 Shares of iShares Russell 1000 Value ETF $IWD

Linscomb Wealth Inc. trimmed its holdings in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 5.1% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 31,857 shares of the exchange traded fund’s stock after selling 1,718 shares during the period. Linscomb Wealth Inc.’s holdings in iShares Russell 1000 Value ETF were worth $6,188,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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

iShares Russell 1000 Value ETF Stock Performance

NYSEARCA:IWD opened at $203.80 on Friday. iShares Russell 1000 Value ETF has a fifty-two week low of $163.19 and a fifty-two week high of $207.58. The stock has a market capitalization of $64.73 billion, a P/E ratio of 18.83 and a beta of 0.89. The company’s 50-day simple moving average is $202.94 and its 200-day simple moving average is $194.88.

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).