Founders Financial Alliance LLC Cuts Holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Founders Financial Alliance LLC decreased its position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 1.4% in the fourth quarter, HoldingsChannel reports. The firm owned 14,377 shares of the exchange traded fund’s stock after selling 209 shares during the quarter. iShares Russell 1000 Value ETF accounts for approximately 0.9% of Founders Financial Alliance LLC’s investment portfolio, making the stock its 22nd largest holding. Founders Financial Alliance LLC’s holdings in iShares Russell 1000 Value ETF were worth $2,376,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the company. Marshall Financial Group Inc. ADV lifted its holdings in shares of iShares Russell 1000 Value ETF by 0.6% in the 4th quarter. Marshall Financial Group Inc. ADV now owns 10,271 shares of the exchange traded fund’s stock valued at $1,697,000 after acquiring an additional 66 shares during the last quarter. JFG Wealth Management LLC lifted its stake in iShares Russell 1000 Value ETF by 1.2% in the fourth quarter. JFG Wealth Management LLC now owns 5,886 shares of the exchange traded fund’s stock worth $973,000 after purchasing an additional 68 shares during the last quarter. Atlas Brown Inc. lifted its stake in iShares Russell 1000 Value ETF by 0.6% in the fourth quarter. Atlas Brown Inc. now owns 12,302 shares of the exchange traded fund’s stock worth $2,033,000 after purchasing an additional 69 shares during the last quarter. Global Strategic Investment Solutions LLC lifted its stake in iShares Russell 1000 Value ETF by 1.2% in the fourth quarter. Global Strategic Investment Solutions LLC now owns 5,701 shares of the exchange traded fund’s stock worth $942,000 after purchasing an additional 70 shares during the last quarter. Finally, Benchmark Financial Wealth Advisors LLC lifted its stake in iShares Russell 1000 Value ETF by 2.0% in the fourth quarter. Benchmark Financial Wealth Advisors LLC now owns 3,653 shares of the exchange traded fund’s stock worth $604,000 after purchasing an additional 71 shares during the last quarter.

iShares Russell 1000 Value ETF Stock Performance

NYSEARCA IWD traded up $0.99 during trading on Friday, hitting $176.55. The stock had a trading volume of 1,051,873 shares, compared to its average volume of 1,954,916. The stock has a market capitalization of $55.30 billion, a price-to-earnings ratio of 17.81 and a beta of 0.77. iShares Russell 1000 Value ETF has a one year low of $143.34 and a one year high of $179.56. The stock has a 50 day simple moving average of $175.16 and a 200 day simple moving average of $167.67.

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).