Cornerstone Advisory LLP reduced its holdings in shares of iShares Russell 1000 Value Index (NYSEARCA:IWD) by 1.6% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 25,189 shares of the exchange traded fund’s stock after selling 402 shares during the period. iShares Russell 1000 Value Index comprises 1.0% of Cornerstone Advisory LLP’s portfolio, making the stock its 28th largest holding. Cornerstone Advisory LLP’s holdings in iShares Russell 1000 Value Index were worth $3,057,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Jacobi Capital Management LLC increased its holdings in iShares Russell 1000 Value Index by 1,065.0% during the first quarter. Jacobi Capital Management LLC now owns 932 shares of the exchange traded fund’s stock valued at $109,000 after buying an additional 852 shares during the last quarter. BerganKDV Wealth Management LLC purchased a new stake in iShares Russell 1000 Value Index during the second quarter valued at approximately $113,000. Adviser Investments LLC purchased a new stake in iShares Russell 1000 Value Index during the first quarter valued at approximately $120,000. AlphaMark Advisors LLC purchased a new stake in iShares Russell 1000 Value Index during the second quarter valued at approximately $139,000. Finally, Exchange Capital Management Inc. purchased a new stake in iShares Russell 1000 Value Index during the second quarter valued at approximately $148,000.

Shares of IWD stock opened at $126.55 on Tuesday. iShares Russell 1000 Value Index has a 12 month low of $114.01 and a 12 month high of $131.56.

iShares Russell 1000 Value Index 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).

See Also: Market Capitalization in the Stock Market

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

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