Parkside Advisors LLC Has $21.92 Million Stock Position in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Parkside Advisors LLC lessened its position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 8.7% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 170,926 shares of the exchange traded fund’s stock after selling 16,323 shares during the period. iShares Russell 1000 Value ETF comprises 11.5% of Parkside Advisors LLC’s holdings, making the stock its 2nd largest position. Parkside Advisors LLC’s holdings in iShares Russell 1000 Value ETF were worth $21,923,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in IWD. Advisory Alpha LLC bought a new position in iShares Russell 1000 Value ETF during the 1st quarter worth about $83,000. Drexel Morgan & Co. increased its holdings in iShares Russell 1000 Value ETF by 1.0% during the 1st quarter. Drexel Morgan & Co. now owns 34,661 shares of the exchange traded fund’s stock worth $4,280,000 after purchasing an additional 339 shares in the last quarter. Alera Investment Advisors LLC increased its holdings in iShares Russell 1000 Value ETF by 12.0% during the 1st quarter. Alera Investment Advisors LLC now owns 125,223 shares of the exchange traded fund’s stock worth $15,464,000 after purchasing an additional 13,460 shares in the last quarter. Northeast Financial Consultants Inc bought a new position in iShares Russell 1000 Value ETF during the 1st quarter worth about $997,000. Finally, RPg Family Wealth Advisory LLC increased its holdings in iShares Russell 1000 Value ETF by 96.1% during the 1st quarter. RPg Family Wealth Advisory LLC now owns 3,679 shares of the exchange traded fund’s stock worth $454,000 after purchasing an additional 1,803 shares in the last quarter.

IWD stock traded up $0.95 during trading hours on Wednesday, reaching $124.80. 1,957,416 shares of the stock were exchanged, compared to its average volume of 2,002,096. The firm’s 50-day moving average is $126.57 and its 200-day moving average is $125.94. iShares Russell 1000 Value ETF has a 12 month low of $104.07 and a 12 month high of $130.83.

The business also recently disclosed a — dividend, which was paid on Monday, September 30th. Stockholders of record on Wednesday, September 25th were issued a $0.8235 dividend. This represents a dividend yield of 2.3%. The ex-dividend date of this dividend was Tuesday, September 24th.

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).

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

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