HORAN Wealth LLC Cuts Holdings in iShares Russell 1000 Value ETF $IWD

HORAN Wealth LLC decreased its holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 48.0% in the second quarter, Holdings Channel reports. The firm owned 3,436 shares of the exchange traded fund’s stock after selling 3,170 shares during the quarter. HORAN Wealth LLC’s holdings in iShares Russell 1000 Value ETF were worth $833,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Evanson Financial LLC purchased a new position in shares of iShares Russell 1000 Value ETF during the second quarter valued at approximately $3,582,000. Washington Trust Bank boosted its holdings in iShares Russell 1000 Value ETF by 99.3% in the fourth quarter. Washington Trust Bank now owns 4,392 shares of the exchange traded fund’s stock worth $924,000 after purchasing an additional 2,188 shares during the last quarter. Jacksonville Wealth Management LLC purchased a new stake in iShares Russell 1000 Value ETF in the fourth quarter worth approximately $661,000. NFJ Investment Group LLC grew its position in iShares Russell 1000 Value ETF by 1,705.2% in the 4th quarter. NFJ Investment Group LLC now owns 41,105 shares of the exchange traded fund’s stock worth $8,646,000 after purchasing an additional 38,828 shares during the period. Finally, Applied Finance Capital Management LLC raised its stake in iShares Russell 1000 Value ETF by 1,432.7% during the 4th quarter. Applied Finance Capital Management LLC now owns 97,035 shares of the exchange traded fund’s stock valued at $20,410,000 after buying an additional 90,704 shares during the last quarter. Hedge funds and other institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Stock Performance

Shares of IWD opened at $257.63 on Monday. The firm has a fifty day simple moving average of $252.41 and a two-hundred day simple moving average of $236.51. The firm has a market cap of $83.70 billion, a PE ratio of 18.83 and a beta of 0.83. iShares Russell 1000 Value ETF has a 1-year low of $199.40 and a 1-year high of $260.19.

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). The Index represents approximately 50% of the total market capitalization of the Russell 1000 Index. The Index measures the large-capital value sector of the United States equity market.