Aprio Wealth Management LLC Cuts Stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Aprio Wealth Management LLC cut its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWDFree Report) by 0.5% during the 2nd quarter, HoldingsChannel reports. The firm owned 16,652 shares of the exchange traded fund’s stock after selling 88 shares during the quarter. iShares Russell 1000 Value ETF accounts for about 0.7% of Aprio Wealth Management LLC’s portfolio, making the stock its 26th largest position. Aprio Wealth Management LLC’s holdings in iShares Russell 1000 Value ETF were worth $2,628,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the stock. Bank of New York Mellon Corp increased its position in shares of iShares Russell 1000 Value ETF by 14.6% during the first quarter. Bank of New York Mellon Corp now owns 1,109,157 shares of the exchange traded fund’s stock worth $168,880,000 after acquiring an additional 141,337 shares during the last quarter. Advisor Resource Council increased its position in shares of iShares Russell 1000 Value ETF by 18.9% during the first quarter. Advisor Resource Council now owns 6,784 shares of the exchange traded fund’s stock worth $1,035,000 after acquiring an additional 1,078 shares during the last quarter. Confluence Investment Management LLC purchased a new stake in shares of iShares Russell 1000 Value ETF during the second quarter worth about $714,000. Rebalance LLC increased its position in shares of iShares Russell 1000 Value ETF by 0.5% during the first quarter. Rebalance LLC now owns 28,933 shares of the exchange traded fund’s stock worth $4,405,000 after acquiring an additional 145 shares during the last quarter. Finally, FineMark National Bank & Trust purchased a new stake in shares of iShares Russell 1000 Value ETF during the first quarter worth about $287,000.

iShares Russell 1000 Value ETF Stock Performance

Shares of NYSEARCA IWD traded down $0.76 during midday trading on Tuesday, reaching $157.44. 523,355 shares of the company’s stock were exchanged, compared to its average volume of 1,762,759. iShares Russell 1000 Value ETF has a 52-week low of $134.09 and a 52-week high of $164.18. The stock has a market capitalization of $50.29 billion, a PE ratio of 13.53 and a beta of 0.95. The business’s fifty day moving average price is $159.57 and its two-hundred day moving average price is $154.89.

iShares Russell 1000 Value ETF Profile

(Free Report)

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).

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Institutional Ownership by Quarter for iShares Russell 1000 Value ETF (NYSEARCA:IWD)

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