Ameritas Advisory Services LLC Trims Holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Ameritas Advisory Services LLC reduced its holdings in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 13.1% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 29,046 shares of the exchange traded fund’s stock after selling 4,393 shares during the period. Ameritas Advisory Services LLC’s holdings in iShares Russell 1000 Value ETF were worth $5,513,000 as of its most recent SEC filing.

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

iShares Russell 1000 Value ETF Stock Performance

Shares of NYSEARCA:IWD traded up $0.50 during midday trading on Tuesday, hitting $188.05. 84,530 shares of the stock were exchanged, compared to its average volume of 1,722,370. The company has a market capitalization of $58.91 billion, a PE ratio of 17.81 and a beta of 0.77. iShares Russell 1000 Value ETF has a 52-week low of $148.63 and a 52-week high of $193.77. The business’s fifty day simple moving average is $188.52 and its two-hundred day simple moving average is $181.00.

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).