Citizens Financial Group Inc. RI Sells 2,142 Shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Citizens Financial Group Inc. RI lowered its holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 7.4% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 26,705 shares of the exchange traded fund’s stock after selling 2,142 shares during the period. Citizens Financial Group Inc. RI’s holdings in iShares Russell 1000 Value ETF were worth $5,069,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Triad Wealth Partners LLC bought a new position in shares of iShares Russell 1000 Value ETF in the 2nd quarter valued at about $25,000. Opal Wealth Advisors LLC bought a new position in iShares Russell 1000 Value ETF in the second quarter valued at approximately $28,000. Eagle Bay Advisors LLC acquired a new position in shares of iShares Russell 1000 Value ETF during the 3rd quarter worth approximately $32,000. Nemes Rush Group LLC raised its stake in shares of iShares Russell 1000 Value ETF by 382.1% during the 2nd quarter. Nemes Rush Group LLC now owns 188 shares of the exchange traded fund’s stock worth $33,000 after purchasing an additional 149 shares in the last quarter. Finally, Family Firm Inc. acquired a new stake in shares of iShares Russell 1000 Value ETF in the 2nd quarter valued at approximately $37,000.

iShares Russell 1000 Value ETF Trading Up 1.1 %

NYSEARCA:IWD opened at $196.11 on Friday. The stock has a market capitalization of $61.43 billion, a PE ratio of 17.81 and a beta of 0.77. iShares Russell 1000 Value ETF has a 1-year low of $155.02 and a 1-year high of $197.21. The firm has a fifty day simple moving average of $190.79 and a 200 day simple moving average of $182.84.

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).