Anchor Investment Management LLC Sells 959 Shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Anchor Investment Management LLC trimmed its position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 11.1% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,655 shares of the exchange traded fund’s stock after selling 959 shares during the quarter. Anchor Investment Management LLC’s holdings in iShares Russell 1000 Value ETF were worth $1,453,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Envestnet Asset Management Inc. lifted its holdings in shares of iShares Russell 1000 Value ETF by 0.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 6,320,932 shares of the exchange traded fund’s stock valued at $1,102,813,000 after buying an additional 37,236 shares during the period. Raymond James & Associates lifted its holdings in shares of iShares Russell 1000 Value ETF by 0.6% during the 3rd quarter. Raymond James & Associates now owns 3,666,344 shares of the exchange traded fund’s stock valued at $695,872,000 after buying an additional 22,295 shares during the period. LPL Financial LLC lifted its holdings in shares of iShares Russell 1000 Value ETF by 0.7% during the 3rd quarter. LPL Financial LLC now owns 3,293,977 shares of the exchange traded fund’s stock valued at $625,197,000 after buying an additional 23,197 shares during the period. PNC Financial Services Group Inc. raised its holdings in iShares Russell 1000 Value ETF by 0.3% in the 3rd quarter. PNC Financial Services Group Inc. now owns 3,247,266 shares of the exchange traded fund’s stock worth $616,331,000 after purchasing an additional 10,304 shares during the period. Finally, Stifel Financial Corp raised its holdings in iShares Russell 1000 Value ETF by 3.8% in the 3rd quarter. Stifel Financial Corp now owns 1,947,425 shares of the exchange traded fund’s stock worth $369,623,000 after purchasing an additional 70,612 shares during the period.

iShares Russell 1000 Value ETF Stock Performance

Shares of iShares Russell 1000 Value ETF stock opened at $192.57 on Friday. iShares Russell 1000 Value ETF has a one year low of $159.61 and a one year high of $200.42. The stock’s fifty day moving average is $193.26 and its 200 day moving average is $184.87. The stock has a market cap of $60.32 billion, a P/E ratio of 17.81 and a beta of 0.77.

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).