Paragon Financial Partners Inc. Sells 741 Shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Paragon Financial Partners Inc. reduced its holdings in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 8.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 7,707 shares of the exchange traded fund’s stock after selling 741 shares during the period. iShares Russell 1000 Value ETF comprises 1.1% of Paragon Financial Partners Inc.’s portfolio, making the stock its 18th largest holding. Paragon Financial Partners Inc.’s holdings in iShares Russell 1000 Value ETF were worth $1,427,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in IWD. Renaissance Technologies LLC purchased a new stake in iShares Russell 1000 Value ETF during the second quarter valued at approximately $1,675,000. AE Wealth Management LLC increased its holdings in iShares Russell 1000 Value ETF by 17.3% during the second quarter. AE Wealth Management LLC now owns 8,663 shares of the exchange traded fund’s stock valued at $1,511,000 after buying an additional 1,279 shares during the last quarter. Wick Capital Partners LLC purchased a new stake in iShares Russell 1000 Value ETF during the second quarter valued at approximately $1,357,000. Dimension Capital Management LLC increased its holdings in iShares Russell 1000 Value ETF by 9.6% during the second quarter. Dimension Capital Management LLC now owns 33,494 shares of the exchange traded fund’s stock valued at $5,844,000 after buying an additional 2,944 shares during the last quarter. Finally, Daymark Wealth Partners LLC purchased a new stake in iShares Russell 1000 Value ETF during the second quarter valued at approximately $229,000.

iShares Russell 1000 Value ETF Trading Down 0.6 %

Shares of IWD stock opened at $192.65 on Thursday. iShares Russell 1000 Value ETF has a 12 month low of $163.99 and a 12 month high of $200.42. The stock has a market cap of $60.35 billion, a P/E ratio of 17.81 and a beta of 0.77. The company has a 50 day simple moving average of $191.12 and a two-hundred day simple moving average of $187.52.

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).