Virginia National Bank Has $351,000 Stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Virginia National Bank decreased its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 3.1% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 2,223 shares of the exchange traded fund’s stock after selling 72 shares during the quarter. iShares Russell 1000 Value ETF accounts for about 1.2% of Virginia National Bank’s portfolio, making the stock its 26th largest position. Virginia National Bank’s holdings in iShares Russell 1000 Value ETF were worth $351,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. Studio Investment Management LLC lifted its stake in iShares Russell 1000 Value ETF by 115.0% in the fourth quarter. Studio Investment Management LLC now owns 172 shares of the exchange traded fund’s stock valued at $26,000 after buying an additional 92 shares during the period. Northwest Investment Counselors LLC acquired a new position in iShares Russell 1000 Value ETF in the first quarter valued at about $31,000. Horizons Wealth Management lifted its stake in iShares Russell 1000 Value ETF by 632.4% in the first quarter. Horizons Wealth Management now owns 249 shares of the exchange traded fund’s stock valued at $38,000 after buying an additional 215 shares during the period. Lumature Wealth Partners LLC bought a new stake in shares of iShares Russell 1000 Value ETF in the fourth quarter worth about $39,000. Finally, Financial Gravity Asset Management Inc. bought a new stake in shares of iShares Russell 1000 Value ETF in the first quarter worth about $44,000.

iShares Russell 1000 Value ETF Price Performance

Shares of iShares Russell 1000 Value ETF stock traded down $0.14 during trading hours on Friday, hitting $159.38. The company’s stock had a trading volume of 174,875 shares, compared to its average volume of 1,747,408. iShares Russell 1000 Value ETF has a 12 month low of $134.09 and a 12 month high of $164.18. The stock has a 50 day moving average of $159.46 and a 200 day moving average of $154.81. The company has a market capitalization of $50.91 billion, a PE ratio of 13.53 and a beta of 0.95.

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).