Parallel Advisors LLC Sells 854 Shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Parallel Advisors LLC lessened its position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 1.6% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 51,134 shares of the exchange traded fund’s stock after selling 854 shares during the period. Parallel Advisors LLC’s holdings in iShares Russell 1000 Value ETF were worth $6,040,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently made changes to their positions in IWD. BBVA USA Bancshares Inc. increased its holdings in shares of iShares Russell 1000 Value ETF by 1.2% during the 3rd quarter. BBVA USA Bancshares Inc. now owns 335,076 shares of the exchange traded fund’s stock worth $39,579,000 after purchasing an additional 4,055 shares during the period. CNB Bank increased its holdings in shares of iShares Russell 1000 Value ETF by 105.6% during the 3rd quarter. CNB Bank now owns 627 shares of the exchange traded fund’s stock worth $74,000 after purchasing an additional 322 shares during the period. Lowe Brockenbrough & Co. Inc. increased its holdings in shares of iShares Russell 1000 Value ETF by 45.5% during the 3rd quarter. Lowe Brockenbrough & Co. Inc. now owns 3,838 shares of the exchange traded fund’s stock worth $453,000 after purchasing an additional 1,200 shares during the period. Morgan Dempsey Capital Management LLC increased its holdings in shares of iShares Russell 1000 Value ETF by 2,237.2% during the 3rd quarter. Morgan Dempsey Capital Management LLC now owns 1,005 shares of the exchange traded fund’s stock worth $119,000 after purchasing an additional 962 shares during the period. Finally, Brio Consultants LLC bought a new position in shares of iShares Russell 1000 Value ETF during the 3rd quarter worth about $204,000.

Shares of iShares Russell 1000 Value ETF stock traded down $0.39 during trading on Friday, hitting $116.34. 126,930 shares of the company’s stock traded hands, compared to its average volume of 2,633,397. The firm’s fifty day moving average price is $120.38 and its 200 day moving average price is $115.80. iShares Russell 1000 Value ETF has a twelve month low of $84.11 and a twelve month high of $138.88.

iShares Russell 1000 Value ETF Company 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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Want to see what other hedge funds are holding IWD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Russell 1000 Value ETF (NYSEARCA:IWD).

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

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