iShares Russell 1000 Value ETF (NYSEARCA:IWD) Shares Sold by Principal Financial Group Inc.

Principal Financial Group Inc. reduced its holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 77.3% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 25,209 shares of the exchange traded fund’s stock after selling 85,963 shares during the quarter. Principal Financial Group Inc.’s holdings in iShares Russell 1000 Value ETF were worth $4,785,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in IWD. Objectivity Squared LLC lifted its holdings in shares of iShares Russell 1000 Value ETF by 6.6% during the second quarter. Objectivity Squared LLC now owns 51,759 shares of the exchange traded fund’s stock valued at $9,440,000 after purchasing an additional 3,215 shares during the last quarter. Raymond James & Associates grew its stake in shares of iShares Russell 1000 Value ETF by 0.3% in the 2nd quarter. Raymond James & Associates now owns 3,644,049 shares of the exchange traded fund’s stock valued at $635,777,000 after purchasing an additional 11,960 shares during the period. Bank of New York Mellon Corp raised its stake in shares of iShares Russell 1000 Value ETF by 8.8% in the second quarter. Bank of New York Mellon Corp now owns 866,591 shares of the exchange traded fund’s stock valued at $151,194,000 after acquiring an additional 70,330 shares during the last quarter. Lake Hills Wealth Management LLC acquired a new position in shares of iShares Russell 1000 Value ETF during the third quarter valued at $271,000. Finally, Brookstone Capital Management grew its holdings in iShares Russell 1000 Value ETF by 5.4% during the 2nd quarter. Brookstone Capital Management now owns 10,530 shares of the exchange traded fund’s stock worth $1,925,000 after acquiring an additional 536 shares during the period.

iShares Russell 1000 Value ETF Stock Performance

IWD stock opened at $196.11 on Friday. iShares Russell 1000 Value ETF has a 52 week low of $155.02 and a 52 week high of $197.21. The company has a market capitalization of $61.43 billion, a PE ratio of 17.81 and a beta of 0.77. The company’s 50-day simple moving average is $190.79 and its 200 day simple moving average is $182.84.

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).