B. Riley Wealth Advisors Inc. reduced its position in iShares Russell 1000 Value ETF (NYSEARCA:IWD – Free Report) by 18.6% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 10,484 shares of the exchange traded fund’s stock after selling 2,394 shares during the period. B. Riley Wealth Advisors Inc.’s holdings in iShares Russell 1000 Value ETF were worth $1,981,000 at the end of the most recent reporting period.
A number of other hedge funds also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. raised its holdings in iShares Russell 1000 Value ETF by 0.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 6,320,932 shares of the exchange traded fund’s stock worth $1,102,813,000 after acquiring an additional 37,236 shares during the last quarter. Raymond James & Associates grew its position in iShares Russell 1000 Value ETF by 0.6% in the 3rd quarter. Raymond James & Associates now owns 3,666,344 shares of the exchange traded fund’s stock worth $695,872,000 after purchasing an additional 22,295 shares during the period. LPL Financial LLC grew its position in iShares Russell 1000 Value ETF by 0.7% in the 3rd quarter. LPL Financial LLC now owns 3,293,977 shares of the exchange traded fund’s stock worth $625,197,000 after purchasing an additional 23,197 shares during the period. PNC Financial Services Group Inc. grew its position in iShares Russell 1000 Value ETF by 0.3% in the 3rd quarter. PNC Financial Services Group Inc. now owns 3,247,266 shares of the exchange traded fund’s stock worth $616,331,000 after purchasing an additional 10,304 shares during the period. Finally, Synovus Financial Corp grew its position in iShares Russell 1000 Value ETF by 1.2% in the 3rd quarter. Synovus Financial Corp now owns 2,848,914 shares of the exchange traded fund’s stock worth $540,724,000 after purchasing an additional 34,700 shares during the period.
iShares Russell 1000 Value ETF Trading Down 0.3 %
NYSEARCA:IWD opened at $192.03 on Monday. iShares Russell 1000 Value ETF has a 12 month low of $160.98 and a 12 month high of $200.42. The company has a market cap of $60.15 billion, a PE ratio of 17.81 and a beta of 0.77. The company has a 50 day simple moving average of $193.40 and a two-hundred day simple moving average of $185.18.
About iShares Russell 1000 Value ETF
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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