Sequoia Financial Advisors LLC Sells 1,063 Shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Sequoia Financial Advisors LLC cut its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 4.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 20,846 shares of the exchange traded fund’s stock after selling 1,063 shares during the period. Sequoia Financial Advisors LLC’s holdings in iShares Russell 1000 Value ETF were worth $3,957,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Objectivity Squared LLC boosted its position 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 worth $9,440,000 after purchasing an additional 3,215 shares in the last quarter. Raymond James & Associates lifted its holdings in iShares Russell 1000 Value ETF by 0.3% during the second quarter. Raymond James & Associates now owns 3,644,049 shares of the exchange traded fund’s stock worth $635,777,000 after acquiring an additional 11,960 shares in the last quarter. Bank of New York Mellon Corp grew its stake in 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 period. Empowered Funds LLC bought a new stake in shares of iShares Russell 1000 Value ETF in the first quarter worth about $290,000. Finally, Lake Hills Wealth Management LLC acquired a new stake in shares of iShares Russell 1000 Value ETF during the third quarter worth about $271,000.

iShares Russell 1000 Value ETF Price Performance

NYSEARCA:IWD opened at $190.96 on Thursday. The business’s 50-day simple moving average is $187.69 and its 200-day simple moving average is $180.04. iShares Russell 1000 Value ETF has a fifty-two week low of $143.34 and a fifty-two week high of $193.77. The stock has a market capitalization of $59.82 billion, a PE ratio of 17.81 and a beta of 0.77.

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).