Turtle Creek Wealth Advisors LLC Cuts Stock Position in iShares Russell 1000 Value ETF $IWD

Turtle Creek Wealth Advisors LLC decreased its holdings in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 25.7% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,085 shares of the exchange traded fund’s stock after selling 2,110 shares during the quarter. Turtle Creek Wealth Advisors LLC’s holdings in iShares Russell 1000 Value ETF were worth $1,300,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Brown Miller Wealth Management LLC purchased a new stake in shares of iShares Russell 1000 Value ETF in the fourth quarter worth about $1,213,000. Personal CFO Solutions LLC acquired a new stake in shares of iShares Russell 1000 Value ETF in the fourth quarter valued at about $1,539,000. Brass Tax Wealth Management Inc. purchased a new stake in shares of iShares Russell 1000 Value ETF during the 3rd quarter valued at about $753,000. SMI Advisory Services LLC purchased a new stake in shares of iShares Russell 1000 Value ETF during the 4th quarter valued at about $55,463,000. Finally, Massachusetts Financial Services Co. MA lifted its position in iShares Russell 1000 Value ETF by 121.8% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 190,793 shares of the exchange traded fund’s stock worth $40,131,000 after acquiring an additional 104,778 shares in the last quarter. 84.93% of the stock is owned by hedge funds and other institutional investors.

iShares Russell 1000 Value ETF Stock Performance

iShares Russell 1000 Value ETF stock opened at $246.81 on Friday. The firm has a market capitalization of $80.89 billion, a PE ratio of 18.83 and a beta of 0.84. iShares Russell 1000 Value ETF has a one year low of $191.64 and a one year high of $246.94. The stock’s 50 day moving average price is $236.84 and its 200 day moving average price is $224.80.

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). The Index represents approximately 50% of the total market capitalization of the Russell 1000 Index. The Index measures the large-capital value sector of the United States equity market.