Richardson Financial Services Inc. Sells 273 Shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Richardson Financial Services Inc. cut its position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 43.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 355 shares of the exchange traded fund’s stock after selling 273 shares during the period. Richardson Financial Services Inc.’s holdings in iShares Russell 1000 Value ETF were worth $66,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in IWD. Concourse Financial Group Securities Inc. lifted its stake in shares of iShares Russell 1000 Value ETF by 3.0% during the 3rd quarter. Concourse Financial Group Securities Inc. now owns 1,834 shares of the exchange traded fund’s stock worth $348,000 after acquiring an additional 53 shares during the last quarter. Greenwood Gearhart Inc. lifted its position in shares of iShares Russell 1000 Value ETF by 1.7% during the third quarter. Greenwood Gearhart Inc. now owns 3,212 shares of the exchange traded fund’s stock worth $610,000 after purchasing an additional 54 shares during the last quarter. Sigma Investment Counselors Inc. grew its holdings in shares of iShares Russell 1000 Value ETF by 0.9% in the third quarter. Sigma Investment Counselors Inc. now owns 6,005 shares of the exchange traded fund’s stock worth $1,140,000 after purchasing an additional 55 shares during the last quarter. Signature Wealth Management Partners LLC increased its stake in iShares Russell 1000 Value ETF by 4.7% in the 4th quarter. Signature Wealth Management Partners LLC now owns 1,223 shares of the exchange traded fund’s stock worth $226,000 after buying an additional 55 shares during the period. Finally, Farmers & Merchants Investments Inc. lifted its holdings in iShares Russell 1000 Value ETF by 0.8% during the 3rd quarter. Farmers & Merchants Investments Inc. now owns 7,046 shares of the exchange traded fund’s stock valued at $1,337,000 after buying an additional 57 shares in the last quarter.

iShares Russell 1000 Value ETF Price Performance

Shares of IWD stock opened at $193.54 on Monday. The company’s 50-day simple moving average is $190.97 and its two-hundred day simple moving average is $188.36. iShares Russell 1000 Value ETF has a one year low of $164.34 and a one year high of $200.42. The company has a market capitalization of $60.63 billion, a P/E ratio of 17.81 and a beta of 0.77.

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).