Cassaday & Co Wealth Management LLC Sells 2,764 Shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Cassaday & Co Wealth Management LLC cut its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 0.7% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 369,017 shares of the exchange traded fund’s stock after selling 2,764 shares during the quarter. iShares Russell 1000 Value ETF makes up approximately 2.0% of Cassaday & Co Wealth Management LLC’s holdings, making the stock its 11th biggest position. Cassaday & Co Wealth Management LLC owned about 0.12% of iShares Russell 1000 Value ETF worth $70,039,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in IWD. MAI Capital Management increased its stake in shares of iShares Russell 1000 Value ETF by 0.6% in the third quarter. MAI Capital Management now owns 307,962 shares of the exchange traded fund’s stock worth $58,451,000 after purchasing an additional 1,794 shares in the last quarter. TrinityPoint Wealth LLC increased its stake in iShares Russell 1000 Value ETF by 18.7% in the 3rd quarter. TrinityPoint Wealth LLC now owns 1,506 shares of the exchange traded fund’s stock worth $286,000 after buying an additional 237 shares in the last quarter. Claro Advisors LLC raised its holdings in iShares Russell 1000 Value ETF by 9.0% during the third quarter. Claro Advisors LLC now owns 69,442 shares of the exchange traded fund’s stock valued at $13,180,000 after acquiring an additional 5,759 shares during the period. GoalVest Advisory LLC purchased a new position in shares of iShares Russell 1000 Value ETF in the third quarter valued at about $57,000. Finally, BluePointe Capital Management LLC boosted its stake in shares of iShares Russell 1000 Value ETF by 6.3% in the third quarter. BluePointe Capital Management LLC now owns 10,430 shares of the exchange traded fund’s stock worth $1,980,000 after acquiring an additional 622 shares during the period.

iShares Russell 1000 Value ETF Stock Performance

Shares of NYSEARCA:IWD opened at $193.05 on Monday. The firm has a fifty day moving average price of $189.98 and a 200 day moving average price of $182.38. iShares Russell 1000 Value ETF has a fifty-two week low of $153.25 and a fifty-two week high of $197.21. The firm has a market cap of $60.47 billion, a price-to-earnings ratio of 17.81 and a beta of 0.77.

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).