Cornerstone Wealth Management LLC Lowers Stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Cornerstone Wealth Management LLC trimmed its holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 0.9% in the third quarter, according to its most recent disclosure with the SEC. The fund owned 5,675 shares of the exchange traded fund’s stock after selling 54 shares during the period. Cornerstone Wealth Management LLC’s holdings in iShares Russell 1000 Value ETF were worth $1,077,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Wedmont Private Capital lifted its position in iShares Russell 1000 Value ETF by 18.8% during the 1st quarter. Wedmont Private Capital now owns 2,082 shares of the exchange traded fund’s stock worth $369,000 after acquiring an additional 329 shares during the period. Inscription Capital LLC acquired a new stake in shares of iShares Russell 1000 Value ETF during the first quarter worth $268,000. RFG Advisory LLC grew its position in iShares Russell 1000 Value ETF by 2.1% in the 1st quarter. RFG Advisory LLC now owns 27,834 shares of the exchange traded fund’s stock valued at $4,985,000 after buying an additional 567 shares during the last quarter. CHURCHILL MANAGEMENT Corp grew its position in iShares Russell 1000 Value ETF by 0.7% in the 1st quarter. CHURCHILL MANAGEMENT Corp now owns 72,850 shares of the exchange traded fund’s stock valued at $13,048,000 after buying an additional 529 shares during the last quarter. Finally, Selective Wealth Management Inc. acquired a new position in iShares Russell 1000 Value ETF in the 1st quarter valued at $210,000.

iShares Russell 1000 Value ETF Stock Performance

Shares of iShares Russell 1000 Value ETF stock opened at $193.18 on Friday. The company has a market cap of $60.51 billion, a P/E ratio of 17.81 and a beta of 0.77. The firm has a fifty day moving average of $186.60 and a two-hundred day moving average of $179.60. iShares Russell 1000 Value ETF has a one year low of $143.34 and a one year high of $193.68.

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).