Private Advisor Group LLC Sells 2,546 Shares of iShares Russell 1000 Value ETF $IWD

Private Advisor Group LLC decreased its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 0.8% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 333,796 shares of the exchange traded fund’s stock after selling 2,546 shares during the period. Private Advisor Group LLC owned 0.10% of iShares Russell 1000 Value ETF worth $71,322,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Reyes Financial Architecture Inc. bought a new stake in iShares Russell 1000 Value ETF during the fourth quarter worth about $25,000. IFC & Insurance Marketing Inc. bought a new position in iShares Russell 1000 Value ETF in the fourth quarter valued at approximately $28,000. MBM Wealth Consultants LLC bought a new position in iShares Russell 1000 Value ETF in the first quarter valued at approximately $29,000. Holos Integrated Wealth LLC acquired a new position in shares of iShares Russell 1000 Value ETF during the 4th quarter worth approximately $31,000. Finally, Grand Wealth Management LLC acquired a new position in shares of iShares Russell 1000 Value ETF during the 4th quarter worth approximately $31,000. Institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Stock Up 1.2%

Shares of iShares Russell 1000 Value ETF stock opened at $246.81 on Friday. The stock has a market cap of $80.89 billion, a P/E ratio of 18.83 and a beta of 0.84. iShares Russell 1000 Value ETF has a 12-month low of $191.64 and a 12-month high of $246.94. The business’s 50 day moving average is $236.84 and its 200-day moving average is $224.80.

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). 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.