Eagle Strategies LLC Decreases Stake in iShares Russell 1000 Value ETF $IWD

Eagle Strategies LLC reduced its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 1.2% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 7,555 shares of the exchange traded fund’s stock after selling 91 shares during the period. Eagle Strategies LLC’s holdings in iShares Russell 1000 Value ETF were worth $1,467,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Truvestments Capital LLC purchased a new position in shares of iShares Russell 1000 Value ETF in the 1st quarter valued at approximately $25,000. GKV Capital Management Co. Inc. purchased a new stake in iShares Russell 1000 Value ETF during the 1st quarter valued at about $27,000. RMG Wealth Management LLC purchased a new stake in iShares Russell 1000 Value ETF during the 2nd quarter valued at about $33,000. Creative Capital Management Investments LLC purchased a new stake in iShares Russell 1000 Value ETF during the 1st quarter valued at about $38,000. Finally, Valley Wealth Managers Inc. grew its stake in iShares Russell 1000 Value ETF by 78.0% during the 1st quarter. Valley Wealth Managers Inc. now owns 210 shares of the exchange traded fund’s stock valued at $40,000 after purchasing an additional 92 shares during the last quarter. 84.93% of the stock is owned by hedge funds and other institutional investors.

iShares Russell 1000 Value ETF Stock Performance

iShares Russell 1000 Value ETF stock opened at $204.95 on Thursday. The business’s 50-day simple moving average is $200.58 and its two-hundred day simple moving average is $192.20. The company has a market cap of $64.72 billion, a PE ratio of 18.83 and a beta of 0.95. iShares Russell 1000 Value ETF has a fifty-two week low of $163.19 and a fifty-two week high of $206.01.

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).