Founders Financial Alliance LLC decreased its holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD – Free Report) by 1.4% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 14,187 shares of the exchange traded fund’s stock after selling 197 shares during the quarter. iShares Russell 1000 Value ETF accounts for about 0.7% of Founders Financial Alliance LLC’s investment portfolio, making the stock its 28th largest position. Founders Financial Alliance LLC’s holdings in iShares Russell 1000 Value ETF were worth $2,475,000 as of its most recent filing with the SEC.
Other hedge funds have also recently added to or reduced their stakes in the company. 9258 Wealth Management LLC purchased a new position in iShares Russell 1000 Value ETF during the 4th quarter worth approximately $229,000. Belpointe Asset Management LLC purchased a new position in iShares Russell 1000 Value ETF during the 4th quarter worth approximately $345,000. STAR Financial Bank grew its position in iShares Russell 1000 Value ETF by 1.1% during the 4th quarter. STAR Financial Bank now owns 27,172 shares of the exchange traded fund’s stock worth $4,490,000 after purchasing an additional 292 shares in the last quarter. Lake Street Advisors Group LLC purchased a new position in iShares Russell 1000 Value ETF during the 4th quarter worth approximately $381,000. Finally, Gordian Advisors LLC purchased a new position in iShares Russell 1000 Value ETF during the 4th quarter worth approximately $239,000.
iShares Russell 1000 Value ETF Stock Up 0.3 %
Shares of NYSEARCA:IWD opened at $189.80 on Tuesday. The firm has a fifty day moving average of $183.73 and a two-hundred day moving average of $178.38. The firm has a market capitalization of $59.45 billion, a P/E ratio of 17.81 and a beta of 0.77. iShares Russell 1000 Value ETF has a 12-month low of $143.34 and a 12-month high of $190.37.
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).
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