Soltis Investment Advisors LLC Decreases Stake in iShares Russell 1000 Value ETF $IWD

by · The Cerbat Gem

Soltis Investment Advisors LLC cut its position in iShares Russell 1000 Value ETF (NYSEARCA:IWDFree Report) by 19.4% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,540 shares of the exchange traded fund’s stock after selling 610 shares during the period. Soltis Investment Advisors LLC’s holdings in iShares Russell 1000 Value ETF were worth $493,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Truvestments Capital LLC acquired a new stake in iShares Russell 1000 Value ETF in the first quarter valued at $25,000. GKV Capital Management Co. Inc. purchased a new position in shares of iShares Russell 1000 Value ETF in the 1st quarter valued at about $27,000. Advantage Trust Co acquired a new stake in shares of iShares Russell 1000 Value ETF during the 2nd quarter worth about $29,000. RMG Wealth Management LLC purchased a new stake in iShares Russell 1000 Value ETF during the second quarter worth approximately $33,000. Finally, Access Investment Management LLC acquired a new position in iShares Russell 1000 Value ETF in the second quarter valued at approximately $35,000. 84.93% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell 1000 Value ETF Stock Up 0.6%

Shares of iShares Russell 1000 Value ETF stock opened at $204.42 on Friday. iShares Russell 1000 Value ETF has a 52 week low of $163.19 and a 52 week high of $207.58. The firm’s 50 day moving average is $203.25 and its two-hundred day moving average is $196.04. The firm has a market capitalization of $65.03 billion, a P/E ratio of 18.83 and a beta of 0.89.

iShares Russell 1000 Value ETF Profile

(Free Report)

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).

Further Reading

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