Wedbush Securities Inc. Reduces Stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Wedbush Securities Inc. trimmed its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 12.6% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 9,717 shares of the exchange traded fund’s stock after selling 1,406 shares during the quarter. Wedbush Securities Inc.’s holdings in iShares Russell 1000 Value ETF were worth $1,094,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also made changes to their positions in IWD. Hudock Inc. bought a new stake in iShares Russell 1000 Value ETF during the 1st quarter worth approximately $29,000. DeDora Capital Inc. bought a new position in shares of iShares Russell 1000 Value ETF in the 4th quarter worth $30,000. Horizon Bancorp Inc. IN increased its holdings in shares of iShares Russell 1000 Value ETF by 90.8% in the 1st quarter. Horizon Bancorp Inc. IN now owns 330 shares of the exchange traded fund’s stock worth $33,000 after buying an additional 157 shares during the last quarter. Institute for Wealth Management LLC. bought a new position in shares of iShares Russell 1000 Value ETF in the 4th quarter worth $35,000. Finally, Norway Savings Bank bought a new position in shares of iShares Russell 1000 Value ETF in the 2nd quarter worth $35,000.

Shares of NYSEARCA:IWD opened at $117.24 on Friday. The company’s fifty day moving average price is $114.86 and its 200-day moving average price is $117.78. iShares Russell 1000 Value ETF has a one year low of $84.11 and a one year high of $138.88.

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).

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Institutional Ownership by Quarter for iShares Russell 1000 Value ETF (NYSEARCA:IWD)

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