Phillips Financial Management LLC Lowers Holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Phillips Financial Management LLC reduced its position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 4.1% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 10,673 shares of the exchange traded fund’s stock after selling 456 shares during the quarter. Phillips Financial Management LLC’s holdings in iShares Russell 1000 Value ETF were worth $2,026,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Objectivity Squared LLC increased its stake 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 buying an additional 3,215 shares during the period. Raymond James & Associates increased its position in iShares Russell 1000 Value ETF by 0.3% during 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 holdings in shares of iShares Russell 1000 Value ETF by 8.8% in the 2nd 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 purchasing an additional 70,330 shares in the last quarter. Empowered Funds LLC purchased a new stake in shares of iShares Russell 1000 Value ETF in the 1st quarter worth approximately $290,000. Finally, Lake Hills Wealth Management LLC bought a new position in shares of iShares Russell 1000 Value ETF during the third quarter valued at approximately $271,000.

iShares Russell 1000 Value ETF Stock Down 0.4 %

Shares of NYSEARCA:IWD opened at $193.05 on Monday. The firm has a 50 day moving average of $189.98 and a 200 day moving average of $182.38. The company has a market capitalization of $60.47 billion, a price-to-earnings ratio of 17.81 and a beta of 0.77. iShares Russell 1000 Value ETF has a 52 week low of $153.25 and a 52 week high of $197.21.

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).