iShares Russell 1000 Value ETF (NYSEARCA:IWD) Shares Sold by Pinnacle Associates Ltd.

Pinnacle Associates Ltd. reduced its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 3.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,703 shares of the exchange traded fund’s stock after selling 330 shares during the quarter. Pinnacle Associates Ltd.’s holdings in iShares Russell 1000 Value ETF were worth $1,842,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Triad Wealth Partners LLC acquired a new position in iShares Russell 1000 Value ETF in the second quarter valued at $25,000. Opal Wealth Advisors LLC purchased a new stake in iShares Russell 1000 Value ETF during the second quarter worth about $28,000. Eagle Bay Advisors LLC purchased a new stake in iShares Russell 1000 Value ETF during the third quarter worth about $32,000. Nemes Rush Group LLC boosted its holdings in iShares Russell 1000 Value ETF by 382.1% during the second 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 iShares Russell 1000 Value ETF during the second quarter worth about $37,000.

iShares Russell 1000 Value ETF Trading Up 0.0 %

Shares of IWD opened at $187.75 on Friday. The stock has a market cap of $58.81 billion, a P/E ratio of 17.81 and a beta of 0.77. The company has a 50-day moving average of $188.49 and a two-hundred day moving average of $180.72. iShares Russell 1000 Value ETF has a 12-month low of $148.00 and a 12-month high of $193.77.

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).