German American Bancorp Inc. Sells 175,281 Shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD)

German American Bancorp Inc. lessened its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 91.9% in the third quarter, HoldingsChannel reports. The fund owned 15,392 shares of the exchange traded fund’s stock after selling 175,281 shares during the period. German American Bancorp Inc.’s holdings in iShares Russell 1000 Value ETF were worth $2,921,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the stock. Triad Wealth Partners LLC purchased a new stake in shares of iShares Russell 1000 Value ETF during the second quarter worth about $25,000. Opal Wealth Advisors LLC bought a new stake in iShares Russell 1000 Value ETF in the second quarter valued at $28,000. Eagle Bay Advisors LLC purchased a new position in iShares Russell 1000 Value ETF during the 3rd quarter valued at $32,000. Nemes Rush Group LLC lifted its position in shares of iShares Russell 1000 Value ETF by 382.1% in the 2nd quarter. Nemes Rush Group LLC now owns 188 shares of the exchange traded fund’s stock worth $33,000 after purchasing an additional 149 shares during the period. Finally, Family Firm Inc. bought a new stake in iShares Russell 1000 Value ETF during the 2nd quarter valued at approximately $37,000.

iShares Russell 1000 Value ETF Trading Up 0.3 %

Shares of IWD stock opened at $193.92 on Thursday. The company’s fifty day moving average price is $190.56 and its 200-day moving average price is $182.75. The stock has a market cap of $60.75 billion, a PE ratio of 17.81 and a beta of 0.77. iShares Russell 1000 Value ETF has a 12 month low of $154.63 and a 12 month high of $197.21.

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).