iShares Russell 1000 Value ETF (NYSEARCA:IWD) Shares Sold by Sax Wealth Advisors LLC

Sax Wealth Advisors LLC cut its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 25.4% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 5,204 shares of the exchange traded fund’s stock after selling 1,773 shares during the period. Sax Wealth Advisors LLC’s holdings in iShares Russell 1000 Value ETF were worth $821,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Studio Investment Management LLC raised its holdings in shares of 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 last quarter. Russell Investments Group Ltd. raised its holdings in shares of iShares Russell 1000 Value ETF by 565.4% in the second quarter. Russell Investments Group Ltd. now owns 173 shares of the exchange traded fund’s stock valued at $27,000 after buying an additional 147 shares during the last quarter. Farmers & Merchants Trust Co of Chambersburg PA purchased a new stake in shares of iShares Russell 1000 Value ETF in the second quarter valued at about $30,000. Financial Gravity Asset Management Inc. purchased a new stake in shares of iShares Russell 1000 Value ETF in the first quarter valued at about $44,000. Finally, Fortis Capital Advisors LLC purchased a new stake in shares of iShares Russell 1000 Value ETF in the fourth quarter valued at about $50,000.

iShares Russell 1000 Value ETF Price Performance

Shares of NYSEARCA:IWD traded up $0.24 on Monday, reaching $154.88. The company’s stock had a trading volume of 1,858,464 shares, compared to its average volume of 1,923,390. The stock’s 50-day moving average is $151.48 and its two-hundred day moving average is $154.63. iShares Russell 1000 Value ETF has a 52-week low of $143.34 and a 52-week high of $164.18. The stock has a market capitalization of $49.47 billion, a P/E ratio of 13.53 and a beta of 0.95.

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).