Vivaldi Capital Management LLC cut its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 11.4% in the 2nd quarter, HoldingsChannel reports. The fund owned 9,309 shares of the exchange traded fund’s stock after selling 1,198 shares during the quarter. Vivaldi Capital Management LLC’s holdings in iShares Russell 1000 Value ETF were worth $1,184,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently modified their holdings of IWD. Moors & Cabot Inc. acquired a new stake in iShares Russell 1000 Value ETF during the first quarter worth approximately $272,000. PFG Advisors acquired a new stake in shares of iShares Russell 1000 Value ETF in the first quarter valued at approximately $201,000. FormulaFolio Investments LLC acquired a new stake in shares of iShares Russell 1000 Value ETF in the first quarter valued at approximately $201,000. Financial Engines Advisors L.L.C. raised its position in shares of iShares Russell 1000 Value ETF by 1.0% in the first quarter. Financial Engines Advisors L.L.C. now owns 18,118,369 shares of the exchange traded fund’s stock valued at $2,237,437,000 after buying an additional 178,193 shares in the last quarter. Finally, GWM Advisors LLC raised its position in shares of iShares Russell 1000 Value ETF by 1,287.3% in the first quarter. GWM Advisors LLC now owns 80,979 shares of the exchange traded fund’s stock valued at $212,000 after buying an additional 75,142 shares in the last quarter.

Shares of NYSEARCA IWD traded up $0.05 during midday trading on Friday, reaching $129.92. The company’s stock had a trading volume of 790,426 shares, compared to its average volume of 2,018,869. iShares Russell 1000 Value ETF has a fifty-two week low of $104.07 and a fifty-two week high of $130.83. The business’s 50 day moving average price is $125.50 and its two-hundred day moving average price is $125.55.

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).

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Institutional Ownership by Quarter for iShares Russell 1000 Value ETF (NYSEARCA:IWD)

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