TRUE Private Wealth Advisors Trims Stock Holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

TRUE Private Wealth Advisors decreased its holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 1.8% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 161,187 shares of the exchange traded fund’s stock after selling 2,882 shares during the period. iShares Russell 1000 Value ETF makes up about 3.6% of TRUE Private Wealth Advisors’ holdings, making the stock its 7th biggest holding. TRUE Private Wealth Advisors’ holdings in iShares Russell 1000 Value ETF were worth $29,841,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in IWD. Flagship Wealth Advisors LLC bought a new position in shares of iShares Russell 1000 Value ETF in the fourth quarter worth approximately $26,000. Peterson Wealth Services purchased a new position in shares of iShares Russell 1000 Value ETF during the fourth quarter valued at approximately $32,000. Halbert Hargrove Global Advisors LLC bought a new position in iShares Russell 1000 Value ETF in the 4th quarter worth $32,000. VSM Wealth Advisory LLC purchased a new position in shares of iShares Russell 1000 Value ETF during the 4th quarter worth approximately $34,000. Finally, Hantz Financial Services Inc. purchased a new position in iShares Russell 1000 Value ETF during the fourth quarter valued at $35,000.

iShares Russell 1000 Value ETF Stock Performance

Shares of NYSEARCA IWD opened at $166.82 on Wednesday. The company has a 50 day simple moving average of $188.84 and a two-hundred day simple moving average of $190.30. iShares Russell 1000 Value ETF has a fifty-two week low of $163.19 and a fifty-two week high of $200.42. The company has a market capitalization of $54.86 billion, a price-to-earnings ratio of 19.48 and a beta of 0.90.

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).