Nadler Financial Group Inc. Trims Stake in iShares Russell 1000 Value ETF $IWD

Nadler Financial Group Inc. reduced its position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 4.8% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 198,820 shares of the exchange traded fund’s stock after selling 9,982 shares during the period. iShares Russell 1000 Value ETF makes up 4.0% of Nadler Financial Group Inc.’s portfolio, making the stock its 11th biggest holding. Nadler Financial Group Inc. owned about 0.06% of iShares Russell 1000 Value ETF worth $38,617,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Truvestments Capital LLC purchased a new position in shares of iShares Russell 1000 Value ETF during the 1st quarter valued at $25,000. GKV Capital Management Co. Inc. purchased a new position in iShares Russell 1000 Value ETF in the first quarter worth $27,000. RMG Wealth Management LLC purchased a new position in iShares Russell 1000 Value ETF in the second quarter worth $33,000. Creative Capital Management Investments LLC purchased a new position in iShares Russell 1000 Value ETF in the first quarter worth $38,000. Finally, Valley Wealth Managers Inc. grew its position in iShares Russell 1000 Value ETF by 78.0% in 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 in the last quarter. 84.93% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell 1000 Value ETF Stock Performance

Shares of NYSEARCA:IWD opened at $201.57 on Tuesday. iShares Russell 1000 Value ETF has a 52-week low of $163.19 and a 52-week high of $206.01. The firm has a fifty day moving average of $201.02 and a 200 day moving average of $192.52. The firm has a market capitalization of $63.67 billion, a PE ratio of 18.83 and a beta of 0.95.

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).