iShares Russell 1000 Value ETF (NYSEARCA:IWD) Shares Sold by Sovereign Financial Group Inc.

Sovereign Financial Group Inc. lessened its holdings in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 7.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,052 shares of the exchange traded fund’s stock after selling 258 shares during the period. Sovereign Financial Group Inc.’s holdings in iShares Russell 1000 Value ETF were worth $504,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in IWD. Headinvest LLC purchased a new position in shares of iShares Russell 1000 Value ETF during the 3rd quarter valued at approximately $29,000. Peachtree Investment Partners LLC boosted its stake in iShares Russell 1000 Value ETF by 84.8% during the 3rd quarter. Peachtree Investment Partners LLC now owns 194 shares of the exchange traded fund’s stock worth $30,000 after purchasing an additional 89 shares during the period. HHM Wealth Advisors LLC increased its stake in iShares Russell 1000 Value ETF by 60.2% in the fourth quarter. HHM Wealth Advisors LLC now owns 189 shares of the exchange traded fund’s stock valued at $31,000 after purchasing an additional 71 shares during the period. BluePath Capital Management LLC purchased a new stake in shares of iShares Russell 1000 Value ETF in the third quarter valued at about $36,000. Finally, Federated Hermes Inc. purchased a new position in shares of iShares Russell 1000 Value ETF during the fourth quarter worth about $42,000.

iShares Russell 1000 Value ETF Stock Performance

Shares of NYSEARCA:IWD traded up $0.40 during trading on Tuesday, hitting $174.87. The company’s stock had a trading volume of 786,897 shares, compared to its average volume of 2,079,810. iShares Russell 1000 Value ETF has a fifty-two week low of $143.34 and a fifty-two week high of $179.56. The stock’s 50-day moving average price is $174.14 and its two-hundred day moving average price is $165.38. The company has a market capitalization of $54.78 billion, a PE ratio of 17.81 and a beta of 0.77.

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).