Stone Summit Wealth LLC Cuts Position in iShares Russell 1000 Value ETF $IWD

Stone Summit Wealth LLC lessened its holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 19.3% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,177 shares of the exchange traded fund’s stock after selling 282 shares during the period. Stone Summit Wealth LLC’s holdings in iShares Russell 1000 Value ETF were worth $229,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. InvesTrust increased its stake in shares of iShares Russell 1000 Value ETF by 0.6% in the 2nd quarter. InvesTrust now owns 10,331 shares of the exchange traded fund’s stock valued at $2,007,000 after purchasing an additional 59 shares in the last quarter. U.S. Capital Wealth Advisors LLC increased its stake in shares of iShares Russell 1000 Value ETF by 0.6% in the 2nd quarter. U.S. Capital Wealth Advisors LLC now owns 10,150 shares of the exchange traded fund’s stock valued at $1,971,000 after purchasing an additional 59 shares in the last quarter. Armstrong Advisory Group Inc. increased its stake in shares of iShares Russell 1000 Value ETF by 3.0% in the 2nd quarter. Armstrong Advisory Group Inc. now owns 2,115 shares of the exchange traded fund’s stock valued at $411,000 after purchasing an additional 61 shares in the last quarter. Gries Financial LLC increased its stake in shares of iShares Russell 1000 Value ETF by 0.6% in the 2nd quarter. Gries Financial LLC now owns 11,108 shares of the exchange traded fund’s stock valued at $2,158,000 after purchasing an additional 61 shares in the last quarter. Finally, Harbor Investment Advisory LLC increased its stake in shares of iShares Russell 1000 Value ETF by 0.3% in the 1st quarter. Harbor Investment Advisory LLC now owns 19,548 shares of the exchange traded fund’s stock valued at $3,678,000 after purchasing an additional 63 shares in the last quarter. Hedge funds and other institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Stock Up 0.8%

Shares of iShares Russell 1000 Value ETF stock opened at $202.98 on Friday. iShares Russell 1000 Value ETF has a twelve month low of $163.19 and a twelve month high of $204.02. The business has a 50-day moving average price of $199.56 and a 200 day moving average price of $191.27. The firm has a market cap of $64.06 billion, a PE ratio of 18.83 and a beta of 0.95.

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).