Beacon Pointe Advisors LLC Decreases Holdings in iShares Russell 1000 Value ETF $IWD

Beacon Pointe Advisors LLC decreased its holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 4.1% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 80,810 shares of the exchange traded fund’s stock after selling 3,472 shares during the period. Beacon Pointe Advisors LLC’s holdings in iShares Russell 1000 Value ETF were worth $15,696,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Truvestments Capital LLC purchased a new position in shares of iShares Russell 1000 Value ETF in the 1st quarter worth approximately $25,000. GKV Capital Management Co. Inc. purchased a new position in iShares Russell 1000 Value ETF during the first quarter worth $27,000. Advantage Trust Co purchased a new position in iShares Russell 1000 Value ETF during the second quarter worth $29,000. RMG Wealth Management LLC bought a new position in iShares Russell 1000 Value ETF during the second quarter valued at $33,000. Finally, Access Investment Management LLC purchased a new stake in shares of iShares Russell 1000 Value ETF in the second quarter valued at $35,000. 84.93% of the stock is owned by institutional investors.

iShares Russell 1000 Value ETF Trading Down 0.1%

iShares Russell 1000 Value ETF stock opened at $208.43 on Wednesday. iShares Russell 1000 Value ETF has a 12-month low of $163.19 and a 12-month high of $210.18. The firm has a 50-day moving average price of $204.50 and a 200-day moving average price of $198.81. The firm has a market capitalization of $66.30 billion, a PE ratio of 18.83 and a beta of 0.89.

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).