iShares Russell 1000 Value ETF $IWD Holdings Trimmed by Pinnacle Wealth Planning Services Inc.

Pinnacle Wealth Planning Services Inc. cut its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 9.4% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 32,871 shares of the exchange traded fund’s stock after selling 3,423 shares during the quarter. iShares Russell 1000 Value ETF accounts for about 0.8% of Pinnacle Wealth Planning Services Inc.’s investment portfolio, making the stock its 21st largest holding. Pinnacle Wealth Planning Services Inc.’s holdings in iShares Russell 1000 Value ETF were worth $8,150,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. Stockman Wealth Management Inc. bought a new stake in iShares Russell 1000 Value ETF in the third quarter valued at approximately $502,000. Sigma Investment Counselors Inc. purchased a new stake in shares of iShares Russell 1000 Value ETF during the third quarter valued at approximately $1,552,000. Latitude Advisors LLC grew its holdings in shares of iShares Russell 1000 Value ETF by 213.6% in the third quarter. Latitude Advisors LLC now owns 4,472 shares of the exchange traded fund’s stock worth $1,109,000 after purchasing an additional 3,046 shares during the last quarter. Foresight Capital Management Advisors Inc. bought a new position in shares of iShares Russell 1000 Value ETF in the third quarter worth approximately $155,000. Finally, SYM FINANCIAL Corp bought a new position in shares of iShares Russell 1000 Value ETF in the third quarter worth approximately $305,000. 84.93% of the stock is currently owned by institutional investors.

iShares Russell 1000 Value ETF Stock Up 0.1%

Shares of iShares Russell 1000 Value ETF stock opened at $258.72 on Thursday. The company’s fifty day simple moving average is $254.70 and its two-hundred day simple moving average is $237.70. iShares Russell 1000 Value ETF has a 12-month low of $199.79 and a 12-month high of $260.19. The firm has a market cap of $84.95 billion, a PE ratio of 18.83 and a beta of 0.84.

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). The Index represents approximately 50% of the total market capitalization of the Russell 1000 Index. The Index measures the large-capital value sector of the United States equity market.