Alteri Wealth LLC Sells 1,231 Shares of iShares Russell 1000 Value ETF $IWD

Alteri Wealth LLC cut its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 15.7% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 6,611 shares of the exchange traded fund’s stock after selling 1,231 shares during the quarter. Alteri Wealth LLC’s holdings in iShares Russell 1000 Value ETF were worth $1,284,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently made changes to their positions in IWD. Perennial Investment Advisors LLC increased its position in iShares Russell 1000 Value ETF by 2.6% during the 2nd quarter. Perennial Investment Advisors LLC now owns 6,755 shares of the exchange traded fund’s stock valued at $1,312,000 after purchasing an additional 168 shares during the period. Diversified Portfolios Inc. raised its position in shares of iShares Russell 1000 Value ETF by 0.5% in the 2nd quarter. Diversified Portfolios Inc. now owns 24,606 shares of the exchange traded fund’s stock valued at $4,779,000 after purchasing an additional 133 shares during the last quarter. Rockbridge Investment Management LCC lifted its stake in shares of iShares Russell 1000 Value ETF by 9.0% during the second quarter. Rockbridge Investment Management LCC now owns 3,676 shares of the exchange traded fund’s stock worth $714,000 after buying an additional 304 shares during the period. United Advisor Group LLC acquired a new stake in iShares Russell 1000 Value ETF during the 2nd quarter worth about $335,000. Finally, Pinnacle Wealth Planning Services Inc. boosted its position in iShares Russell 1000 Value ETF by 0.3% in the second quarter. Pinnacle Wealth Planning Services Inc. now owns 26,254 shares of the exchange traded fund’s stock valued at $5,099,000 after buying an additional 88 shares during the last quarter. 84.93% of the stock is currently owned by institutional investors.

iShares Russell 1000 Value ETF Price Performance

NYSEARCA:IWD opened at $202.33 on Wednesday. The company’s fifty day moving average price is $203.79 and its 200-day moving average price is $197.44. The firm has a market capitalization of $64.36 billion, a P/E ratio of 18.83 and a beta of 0.89. iShares Russell 1000 Value ETF has a 1-year low of $163.19 and a 1-year high of $208.66.

About iShares Russell 1000 Value ETF

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).