Jackson Thornton Wealth Management LLC Has $216,000 Holdings in iShares Russell 1000 Value ETF $IWD

Jackson Thornton Wealth Management LLC cut its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 11.2% in the 2nd quarter, HoldingsChannel reports. The fund owned 1,106 shares of the exchange traded fund’s stock after selling 139 shares during the quarter. Jackson Thornton Wealth Management LLC’s holdings in iShares Russell 1000 Value ETF were worth $216,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently bought and sold shares of IWD. Truvestments Capital LLC acquired a new stake in iShares Russell 1000 Value ETF during the first quarter worth approximately $25,000. GKV Capital Management Co. Inc. acquired a new stake in iShares Russell 1000 Value ETF during the first quarter worth approximately $27,000. RMG Wealth Management LLC acquired a new stake in iShares Russell 1000 Value ETF during the second quarter worth approximately $33,000. Valley Wealth Managers Inc. lifted its position in iShares Russell 1000 Value ETF by 78.0% during the first quarter. Valley Wealth Managers Inc. now owns 210 shares of the exchange traded fund’s stock worth $40,000 after acquiring an additional 92 shares during the last quarter. Finally, Milestone Investment Advisors LLC acquired a new stake in iShares Russell 1000 Value ETF during the first quarter worth approximately $41,000. 84.93% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell 1000 Value ETF Trading Up 1.0%

NYSEARCA IWD opened at $204.91 on Tuesday. iShares Russell 1000 Value ETF has a 1-year low of $163.19 and a 1-year high of $206.01. The company has a 50 day moving average of $201.85 and a 200-day moving average of $193.22. The company has a market cap of $64.80 billion, a price-to-earnings ratio of 18.83 and a beta of 0.95.

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).