Wealth Enhancement Advisory Services LLC Sells 33,883 Shares of iShares Russell 1000 Value ETF $IWD

Wealth Enhancement Advisory Services LLC trimmed its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 5.0% during the third quarter, Holdings Channel reports. The firm owned 650,121 shares of the exchange traded fund’s stock after selling 33,883 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in iShares Russell 1000 Value ETF were worth $132,976,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Inspire Advisors LLC acquired a new stake in iShares Russell 1000 Value ETF in the 3rd quarter valued at $226,000. Intrua Financial LLC bought a new position in shares of iShares Russell 1000 Value ETF during the third quarter valued at $1,227,000. Glass Jacobson Investment Advisors llc boosted its stake in shares of iShares Russell 1000 Value ETF by 4.8% in the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 9,762 shares of the exchange traded fund’s stock valued at $1,987,000 after purchasing an additional 445 shares in the last quarter. Florida Trust Wealth Management Co grew its holdings in shares of iShares Russell 1000 Value ETF by 1.9% in the 3rd quarter. Florida Trust Wealth Management Co now owns 10,222 shares of the exchange traded fund’s stock worth $2,081,000 after purchasing an additional 189 shares during the last quarter. Finally, Quantum Portfolio Management LLC increased its position in shares of iShares Russell 1000 Value ETF by 88.5% during the 3rd quarter. Quantum Portfolio Management LLC now owns 33,555 shares of the exchange traded fund’s stock worth $6,831,000 after purchasing an additional 15,758 shares in the last quarter. 84.93% of the stock is owned by institutional investors and hedge funds.

iShares Russell 1000 Value ETF Stock Down 0.1%

Shares of IWD stock opened at $218.99 on Monday. The company has a market capitalization of $70.28 billion, a P/E ratio of 18.83 and a beta of 0.89. iShares Russell 1000 Value ETF has a 12-month low of $163.19 and a 12-month high of $219.86. The firm has a 50-day moving average price of $210.39 and a 200 day moving average price of $204.03.

iShares Russell 1000 Value ETF Company 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.