Diversified Portfolios Inc. Has $4.50 Million Stock Holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Diversified Portfolios Inc. lessened its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 1.3% in the third quarter, according to the company in its most recent filing with the SEC. The fund owned 23,700 shares of the exchange traded fund’s stock after selling 322 shares during the quarter. Diversified Portfolios Inc.’s holdings in iShares Russell 1000 Value ETF were worth $4,498,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of IWD. Triad Wealth Partners LLC bought a new position in iShares Russell 1000 Value ETF during the second quarter worth about $25,000. Opal Wealth Advisors LLC bought a new position in shares of iShares Russell 1000 Value ETF in the second quarter worth $28,000. Eagle Bay Advisors LLC bought a new stake in iShares Russell 1000 Value ETF during the third quarter worth about $32,000. Nemes Rush Group LLC increased its holdings in 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 valued at $33,000 after buying an additional 149 shares during the period. Finally, Family Firm Inc. acquired a new stake in shares of iShares Russell 1000 Value ETF during the 2nd quarter worth approximately $37,000.

iShares Russell 1000 Value ETF Price Performance

IWD traded down $0.48 during trading on Thursday, hitting $194.66. 899,971 shares of the stock traded hands, compared to its average volume of 1,730,321. The business has a 50 day moving average price of $189.59 and a 200 day moving average price of $182.01. The company has a market cap of $60.98 billion, a price-to-earnings ratio of 17.81 and a beta of 0.77. iShares Russell 1000 Value ETF has a twelve month low of $153.25 and a twelve month high of $197.21.

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).