Baker Avenue Asset Management LP Has $6.76 Million Stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Baker Avenue Asset Management LP cut its holdings in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 6.9% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 35,627 shares of the exchange traded fund’s stock after selling 2,628 shares during the period. Baker Avenue Asset Management LP’s holdings in iShares Russell 1000 Value ETF were worth $6,762,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Triad Wealth Partners LLC bought a new position in shares of iShares Russell 1000 Value ETF during the 2nd quarter worth approximately $25,000. Opal Wealth Advisors LLC purchased a new position in iShares Russell 1000 Value ETF in the 2nd quarter valued at approximately $28,000. Eagle Bay Advisors LLC bought a new position in shares of iShares Russell 1000 Value ETF in the third quarter worth $32,000. Nemes Rush Group LLC increased its holdings in shares of iShares Russell 1000 Value ETF by 382.1% in the second quarter. Nemes Rush Group LLC now owns 188 shares of the exchange traded fund’s stock worth $33,000 after purchasing an additional 149 shares during the period. Finally, Family Firm Inc. bought a new position in shares of iShares Russell 1000 Value ETF in the second quarter worth $37,000.

iShares Russell 1000 Value ETF Stock Performance

IWD traded up $1.01 during trading on Friday, reaching $195.35. The stock had a trading volume of 1,729,511 shares, compared to its average volume of 1,733,132. The stock has a market cap of $61.19 billion, a PE ratio of 17.81 and a beta of 0.77. iShares Russell 1000 Value ETF has a one year low of $148.63 and a one year high of $195.85. The business has a 50-day moving average of $189.06 and a 200-day moving average of $181.49.

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).