Topel & Distasi Wealth Management LLC Reduces Position in iShares Russell 1000 Value ETF $IWD

Topel & Distasi Wealth Management LLC lessened its holdings in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 2.7% in the second quarter, Holdings Channel.com reports. The firm owned 15,555 shares of the exchange traded fund’s stock after selling 428 shares during the period. iShares Russell 1000 Value ETF comprises 1.6% of Topel & Distasi Wealth Management LLC’s portfolio, making the stock its 22nd largest holding. Topel & Distasi Wealth Management LLC’s holdings in iShares Russell 1000 Value ETF were worth $3,021,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in IWD. Allworth Financial LP grew its position in shares of iShares Russell 1000 Value ETF by 4.4% during the second quarter. Allworth Financial LP now owns 43,736 shares of the exchange traded fund’s stock worth $8,495,000 after buying an additional 1,849 shares in the last quarter. Americana Partners LLC acquired a new stake in iShares Russell 1000 Value ETF in the second quarter valued at $18,518,000. Fidelis Capital Partners LLC boosted its stake in iShares Russell 1000 Value ETF by 2.6% during the 2nd quarter. Fidelis Capital Partners LLC now owns 46,105 shares of the exchange traded fund’s stock valued at $8,974,000 after acquiring an additional 1,162 shares during the last quarter. Midwest Trust Co acquired a new position in iShares Russell 1000 Value ETF during the 2nd quarter worth $25,417,000. Finally, 1ST Source Bank increased its position in shares of iShares Russell 1000 Value ETF by 0.3% in the 2nd quarter. 1ST Source Bank now owns 677,377 shares of the exchange traded fund’s stock worth $131,567,000 after purchasing an additional 2,259 shares during the last quarter. 84.93% of the stock is owned by institutional investors and hedge funds.

iShares Russell 1000 Value ETF Stock Performance

Shares of iShares Russell 1000 Value ETF stock opened at $204.42 on Monday. iShares Russell 1000 Value ETF has a 1 year low of $163.19 and a 1 year high of $207.58. The firm’s 50-day simple moving average is $203.25 and its 200-day simple moving average is $196.29. The firm has a market cap of $65.03 billion, a PE ratio of 18.83 and a beta of 0.89.

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).