Phillips Financial Management LLC Sells 345 Shares of iShares Russell 1000 Value ETF $IWD

Phillips Financial Management LLC lessened its position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 3.3% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 10,165 shares of the exchange traded fund’s stock after selling 345 shares during the period. Phillips Financial Management LLC’s holdings in iShares Russell 1000 Value ETF were worth $1,974,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. American National Bank & Trust lifted its holdings in shares of iShares Russell 1000 Value ETF by 8.1% during the 2nd quarter. American National Bank & Trust now owns 4,768 shares of the exchange traded fund’s stock worth $926,000 after acquiring an additional 358 shares during the period. Apollon Wealth Management LLC lifted its holdings in shares of iShares Russell 1000 Value ETF by 0.8% during the 2nd quarter. Apollon Wealth Management LLC now owns 13,685 shares of the exchange traded fund’s stock worth $2,658,000 after acquiring an additional 106 shares during the period. Falcon Wealth Planning lifted its stake in iShares Russell 1000 Value ETF by 6.5% in the 2nd quarter. Falcon Wealth Planning now owns 1,166 shares of the exchange traded fund’s stock valued at $226,000 after purchasing an additional 71 shares during the last quarter. Builder Investment Group Inc. ADV bought a new position in iShares Russell 1000 Value ETF in the 2nd quarter valued at approximately $205,000. Finally, ST Germain D J Co. Inc. lifted its stake in iShares Russell 1000 Value ETF by 62.4% in the 2nd quarter. ST Germain D J Co. Inc. now owns 2,851 shares of the exchange traded fund’s stock valued at $554,000 after purchasing an additional 1,095 shares during the last quarter. Institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Price Performance

Shares of NYSEARCA:IWD opened at $205.08 on Wednesday. The company has a market cap of $64.86 billion, a price-to-earnings ratio of 18.83 and a beta of 0.95. The firm has a 50 day simple moving average of $202.01 and a 200 day simple moving average of $193.30. iShares Russell 1000 Value ETF has a one year low of $163.19 and a one year 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).