Centerpoint Advisory Group Has $1.85 Million Position in iShares Russell 1000 Value ETF $IWD

Centerpoint Advisory Group trimmed its holdings in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 13.1% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,537 shares of the exchange traded fund’s stock after selling 1,443 shares during the quarter. iShares Russell 1000 Value ETF accounts for about 1.6% of Centerpoint Advisory Group’s portfolio, making the stock its 22nd largest position. Centerpoint Advisory Group’s holdings in iShares Russell 1000 Value ETF were worth $1,852,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in IWD. Crestwood Advisors Group LLC lifted its holdings in shares of iShares Russell 1000 Value ETF by 1.7% during the second quarter. Crestwood Advisors Group LLC now owns 3,159 shares of the exchange traded fund’s stock worth $614,000 after purchasing an additional 52 shares during the period. Golden Road Advisors LLC raised its position in iShares Russell 1000 Value ETF by 1.3% during the 2nd quarter. Golden Road Advisors LLC now owns 4,137 shares of the exchange traded fund’s stock worth $804,000 after purchasing an additional 54 shares during the last quarter. Penobscot Investment Management Company Inc. raised its position in iShares Russell 1000 Value ETF by 4.6% during the 2nd quarter. Penobscot Investment Management Company Inc. now owns 1,250 shares of the exchange traded fund’s stock worth $243,000 after purchasing an additional 55 shares during the last quarter. Warner Financial Inc. raised its position in iShares Russell 1000 Value ETF by 1.6% during the 2nd quarter. Warner Financial Inc. now owns 3,578 shares of the exchange traded fund’s stock worth $695,000 after purchasing an additional 58 shares during the last quarter. Finally, InvesTrust increased its stake in shares of iShares Russell 1000 Value ETF by 0.6% in the second quarter. InvesTrust now owns 10,331 shares of the exchange traded fund’s stock valued at $2,007,000 after buying an additional 59 shares during the period. 84.93% of the stock is owned by institutional investors.

iShares Russell 1000 Value ETF Trading Up 0.7%

Shares of IWD stock opened at $204.19 on Thursday. The stock has a market cap of $64.95 billion, a price-to-earnings ratio of 18.83 and a beta of 0.89. The stock has a 50-day moving average of $203.17 and a 200-day moving average of $195.77. iShares Russell 1000 Value ETF has a 1-year low of $163.19 and a 1-year high of $207.58.

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).