Brendel Financial Advisors LLC Sells 141 Shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Brendel Financial Advisors LLC lessened its holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 3.5% during the third quarter, Holdings Channel.com reports. The firm owned 3,923 shares of the exchange traded fund’s stock after selling 141 shares during the quarter. Brendel Financial Advisors LLC’s holdings in iShares Russell 1000 Value ETF were worth $745,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of IWD. Triad Wealth Partners LLC purchased a new stake in iShares Russell 1000 Value ETF in the second quarter worth about $25,000. Opal Wealth Advisors LLC purchased a new stake in iShares Russell 1000 Value ETF in the second quarter worth about $28,000. Concord Wealth Partners grew its holdings in iShares Russell 1000 Value ETF by 70.4% in the first quarter. Concord Wealth Partners now owns 167 shares of the exchange traded fund’s stock worth $30,000 after purchasing an additional 69 shares during the period. Nemes Rush Group LLC grew its holdings in iShares Russell 1000 Value ETF by 382.1% in the second 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. purchased a new stake in iShares Russell 1000 Value ETF in the second quarter worth about $37,000.

iShares Russell 1000 Value ETF Trading Down 0.1 %

IWD traded down $0.25 during midday trading on Thursday, reaching $189.63. The company’s stock had a trading volume of 386,138 shares, compared to its average volume of 1,746,367. The firm has a market capitalization of $59.40 billion, a price-to-earnings ratio of 17.81 and a beta of 0.77. iShares Russell 1000 Value ETF has a 1 year low of $143.34 and a 1 year high of $190.37. The stock’s 50-day moving average is $184.81 and its 200-day moving average is $179.02.

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).