iShares Russell 1000 Value ETF (NYSEARCA:IWD) is Flaharty Asset Management LLC’s 2nd Largest Position

Flaharty Asset Management LLC reduced its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 0.4% during the 4th quarter, Holdings Channel.com reports. The firm owned 243,677 shares of the exchange traded fund’s stock after selling 859 shares during the period. iShares Russell 1000 Value ETF makes up approximately 6.4% of Flaharty Asset Management LLC’s portfolio, making the stock its 2nd largest position. Flaharty Asset Management LLC’s holdings in iShares Russell 1000 Value ETF were worth $40,268,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Monumental Financial Group Inc. purchased a new stake in iShares Russell 1000 Value ETF during the fourth quarter worth $285,000. Silver Oak Securities Incorporated grew its holdings in iShares Russell 1000 Value ETF by 88,000.0% during the 4th quarter. Silver Oak Securities Incorporated now owns 3,524 shares of the exchange traded fund’s stock valued at $582,000 after buying an additional 3,520 shares during the last quarter. HHM Wealth Advisors LLC lifted its holdings in iShares Russell 1000 Value ETF by 60.2% in the 4th quarter. HHM Wealth Advisors LLC now owns 189 shares of the exchange traded fund’s stock valued at $31,000 after purchasing an additional 71 shares in the last quarter. Financial Advisors LLC boosted its stake in shares of iShares Russell 1000 Value ETF by 24.3% during the 4th quarter. Financial Advisors LLC now owns 7,100 shares of the exchange traded fund’s stock worth $1,173,000 after purchasing an additional 1,387 shares during the last quarter. Finally, Stonebrook Private Inc. acquired a new position in shares of iShares Russell 1000 Value ETF in the fourth quarter valued at approximately $578,000.

iShares Russell 1000 Value ETF Stock Performance

NYSEARCA IWD traded up $1.01 during mid-day trading on Monday, reaching $174.06. 344,166 shares of the stock were exchanged, compared to its average volume of 2,133,751. The business’s fifty day simple moving average is $173.68 and its 200 day simple moving average is $164.25. The stock has a market capitalization of $54.54 billion, a PE ratio of 17.74 and a beta of 0.80. iShares Russell 1000 Value ETF has a 1-year low of $143.34 and a 1-year high of $179.56.

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).