BCGM Wealth Management LLC Cuts Stock Holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

BCGM Wealth Management LLC decreased its holdings in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 3.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,623 shares of the exchange traded fund’s stock after selling 64 shares during the quarter. BCGM Wealth Management LLC’s holdings in iShares Russell 1000 Value ETF were worth $301,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of IWD. Peterson Wealth Services purchased a new position in shares of iShares Russell 1000 Value ETF during the fourth quarter worth about $32,000. Hantz Financial Services Inc. purchased a new position in shares of iShares Russell 1000 Value ETF during the fourth quarter worth about $35,000. Carmichael Hill & Associates Inc. grew its holdings in shares of iShares Russell 1000 Value ETF by 536.1% during the third quarter. Carmichael Hill & Associates Inc. now owns 229 shares of the exchange traded fund’s stock worth $43,000 after purchasing an additional 193 shares in the last quarter. Centricity Wealth Management LLC purchased a new position in shares of iShares Russell 1000 Value ETF during the fourth quarter worth about $46,000. Finally, Howe & Rusling Inc. grew its holdings in shares of iShares Russell 1000 Value ETF by 144.1% during the third quarter. Howe & Rusling Inc. now owns 249 shares of the exchange traded fund’s stock worth $47,000 after purchasing an additional 147 shares in the last quarter.

iShares Russell 1000 Value ETF Trading Down 1.4 %

Shares of NYSEARCA IWD opened at $192.64 on Monday. iShares Russell 1000 Value ETF has a 12 month low of $168.85 and a 12 month high of $200.42. The firm has a market capitalization of $60.34 billion, a price-to-earnings ratio of 17.81 and a beta of 0.77. The business has a 50-day moving average of $190.23 and a 200-day moving average of $189.93.

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).