Wescott Financial Advisory Group LLC Sells 271 Shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Wescott Financial Advisory Group LLC trimmed its position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 8.2% in the third quarter, HoldingsChannel reports. The firm owned 3,045 shares of the exchange traded fund’s stock after selling 271 shares during the quarter. Wescott Financial Advisory Group LLC’s holdings in iShares Russell 1000 Value ETF were worth $578,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Objectivity Squared LLC grew its position in iShares Russell 1000 Value ETF by 6.6% in the 2nd quarter. Objectivity Squared LLC now owns 51,759 shares of the exchange traded fund’s stock worth $9,440,000 after purchasing an additional 3,215 shares in the last quarter. Raymond James & Associates grew its position in iShares Russell 1000 Value ETF by 0.3% in the 2nd quarter. Raymond James & Associates now owns 3,644,049 shares of the exchange traded fund’s stock worth $635,777,000 after purchasing an additional 11,960 shares in the last quarter. Bank of New York Mellon Corp grew its position in iShares Russell 1000 Value ETF by 8.8% in the 2nd quarter. Bank of New York Mellon Corp now owns 866,591 shares of the exchange traded fund’s stock worth $151,194,000 after purchasing an additional 70,330 shares in the last quarter. Lake Hills Wealth Management LLC bought a new stake in iShares Russell 1000 Value ETF in the 3rd quarter worth about $271,000. Finally, Brookstone Capital Management grew its position in iShares Russell 1000 Value ETF by 5.4% in the 2nd quarter. Brookstone Capital Management now owns 10,530 shares of the exchange traded fund’s stock worth $1,925,000 after purchasing an additional 536 shares in the last quarter.

iShares Russell 1000 Value ETF Stock Performance

Shares of IWD stock opened at $197.71 on Friday. The company has a market capitalization of $61.93 billion, a price-to-earnings ratio of 17.81 and a beta of 0.77. iShares Russell 1000 Value ETF has a 52-week low of $155.30 and a 52-week high of $197.87. The company has a 50-day simple moving average of $191.02 and a two-hundred day simple moving average of $183.06.

iShares Russell 1000 Value ETF Company 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).