Sigma Planning Corp Cuts Stock Position in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Sigma Planning Corp reduced its position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 80.4% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,351 shares of the exchange traded fund’s stock after selling 9,654 shares during the quarter. Sigma Planning Corp’s holdings in iShares Russell 1000 Value ETF were worth $389,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Headinvest LLC purchased a new stake in iShares Russell 1000 Value ETF during the 3rd quarter valued at about $29,000. Peachtree Investment Partners LLC boosted its holdings in iShares Russell 1000 Value ETF by 84.8% during the 3rd quarter. Peachtree Investment Partners LLC now owns 194 shares of the exchange traded fund’s stock valued at $30,000 after acquiring an additional 89 shares during the period. BluePath Capital Management LLC purchased a new stake in iShares Russell 1000 Value ETF during the 3rd quarter valued at about $36,000. Federated Hermes Inc. purchased a new stake in iShares Russell 1000 Value ETF during the 4th quarter valued at about $42,000. Finally, OLD Second National Bank of Aurora purchased a new stake in iShares Russell 1000 Value ETF during the 3rd quarter valued at about $43,000.

iShares Russell 1000 Value ETF Price Performance

IWD opened at $173.05 on Friday. The business has a 50 day simple moving average of $173.68 and a two-hundred day simple moving average of $164.08. The firm has a market capitalization of $54.23 billion, a price-to-earnings ratio of 17.74 and a beta of 0.80. iShares Russell 1000 Value ETF has a one year low of $143.34 and a one year high of $179.56.

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).