Summit Financial LLC Has $4.96 Million Stock Holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Summit Financial LLC trimmed its position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 2.8% during the fourth quarter, Holdings Channel reports. The firm owned 30,008 shares of the exchange traded fund’s stock after selling 851 shares during the quarter. Summit Financial LLC’s holdings in iShares Russell 1000 Value ETF were worth $4,959,000 as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of the company. Benchmark Financial Wealth Advisors LLC increased its holdings in shares of 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 valued at $604,000 after purchasing an additional 71 shares during the last quarter. Harvest Fund Management Co. Ltd raised its holdings in iShares Russell 1000 Value ETF by 5,631.8% in the 4th quarter. Harvest Fund Management Co. Ltd now owns 2,522 shares of the exchange traded fund’s stock valued at $417,000 after acquiring an additional 2,478 shares during the period. Stillwater Capital Advisors LLC lifted its position in iShares Russell 1000 Value ETF by 16.5% during the fourth quarter. Stillwater Capital Advisors LLC now owns 17,946 shares of the exchange traded fund’s stock worth $2,966,000 after acquiring an additional 2,542 shares during the last quarter. Dixon Fnancial Services Inc. boosted its holdings in shares of iShares Russell 1000 Value ETF by 27.4% during the fourth quarter. Dixon Fnancial Services Inc. now owns 13,010 shares of the exchange traded fund’s stock worth $2,150,000 after acquiring an additional 2,800 shares during the period. Finally, Evergreen Advisors LLC grew its position in shares of iShares Russell 1000 Value ETF by 2.4% in the third quarter. Evergreen Advisors LLC now owns 4,818 shares of the exchange traded fund’s stock valued at $731,000 after purchasing an additional 113 shares during the last quarter.

iShares Russell 1000 Value ETF Price Performance

NYSEARCA IWD traded down $0.37 on Wednesday, reaching $171.13. The stock had a trading volume of 1,371,288 shares, compared to its average volume of 2,131,105. The company has a market cap of $53.62 billion, a P/E ratio of 17.74 and a beta of 0.80. The firm has a fifty day moving average of $173.85 and a two-hundred day moving average of $164.57. 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).