Nadler Financial Group Inc. trimmed its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD – Free Report) by 85.3% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 118,340 shares of the exchange traded fund’s stock after selling 684,058 shares during the period. iShares Russell 1000 Value ETF accounts for 2.5% of Nadler Financial Group Inc.’s holdings, making the stock its 16th biggest position. Nadler Financial Group Inc.’s holdings in iShares Russell 1000 Value ETF were worth $29,340,000 as of its most recent filing with the Securities & Exchange Commission.
Several other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Kingswood Wealth Advisors LLC increased its stake in iShares Russell 1000 Value ETF by 1.9% during the 3rd quarter. Kingswood Wealth Advisors LLC now owns 9,850 shares of the exchange traded fund’s stock worth $2,442,000 after buying an additional 185 shares in the last quarter. Sigma Planning Corp acquired a new position in shares of iShares Russell 1000 Value ETF during the third quarter valued at approximately $827,000. Centerpoint Advisory Group raised its holdings in shares of iShares Russell 1000 Value ETF by 4.5% during the third quarter. Centerpoint Advisory Group now owns 9,088 shares of the exchange traded fund’s stock valued at $2,253,000 after acquiring an additional 390 shares during the last quarter. Compass Ion Advisors LLC purchased a new position in shares of iShares Russell 1000 Value ETF in the third quarter valued at approximately $221,000. Finally, Valley National Advisers Inc. purchased a new position in shares of iShares Russell 1000 Value ETF in the third quarter valued at approximately $56,000. 84.93% of the stock is owned by hedge funds and other institutional investors.
iShares Russell 1000 Value ETF Price Performance
NYSEARCA IWD opened at $257.42 on Monday. The stock’s 50 day simple moving average is $254.61 and its 200-day simple moving average is $245.18. The company has a market cap of $84.23 billion, a PE ratio of 18.83 and a beta of 0.84. iShares Russell 1000 Value ETF has a 1-year low of $199.79 and a 1-year high of $260.19.
iShares Russell 1000 Value ETF 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). The Index represents approximately 50% of the total market capitalization of the Russell 1000 Index. The Index measures the large-capital value sector of the United States equity market.
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