Equity Investment Corp Sells 195,234 Shares of iShares Russell 1000 Value ETF $IWD

Equity Investment Corp decreased its holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 80.9% in the third quarter, HoldingsChannel.com reports. The firm owned 46,001 shares of the exchange traded fund’s stock after selling 195,234 shares during the quarter. Equity Investment Corp’s holdings in iShares Russell 1000 Value ETF were worth $11,405,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the business. Global Wealth Management Investment Advisory Inc. purchased a new stake in iShares Russell 1000 Value ETF in the 3rd quarter worth $247,000. Texas Bank & Trust Co raised its position in iShares Russell 1000 Value ETF by 1.0% during the third quarter. Texas Bank & Trust Co now owns 6,838 shares of the exchange traded fund’s stock worth $1,695,000 after acquiring an additional 70 shares during the period. Gryphon Financial Partners LLC lifted its holdings in iShares Russell 1000 Value ETF by 2.8% during the third quarter. Gryphon Financial Partners LLC now owns 9,160 shares of the exchange traded fund’s stock valued at $2,271,000 after purchasing an additional 250 shares in the last quarter. Simplex Trading LLC purchased a new position in iShares Russell 1000 Value ETF during the third quarter valued at $68,000. Finally, Vestor Capital LLC lifted its holdings in iShares Russell 1000 Value ETF by 315.5% during the third quarter. Vestor Capital LLC now owns 41,302 shares of the exchange traded fund’s stock valued at $10,240,000 after purchasing an additional 31,361 shares in the last quarter. Hedge funds and other institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Stock Up 0.0%

Shares of NYSEARCA IWD opened at $262.64 on Wednesday. The company’s 50-day simple moving average is $255.18 and its 200-day simple moving average is $239.60. iShares Russell 1000 Value ETF has a 52-week low of $199.79 and a 52-week high of $267.24. The firm has a market cap of $84.68 billion, a price-to-earnings ratio of 18.83 and a beta of 0.84.

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). The Index represents approximately 50% of the total market capitalization of the Russell 1000 Index. The Index measures the large-capital value sector of the United States equity market.