World Investment Advisors Sells 6,713 Shares of iShares Russell 1000 Value ETF $IWD

World Investment Advisors reduced its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 34.8% during the first quarter, HoldingsChannel reports. The fund owned 12,569 shares of the exchange traded fund’s stock after selling 6,713 shares during the period. World Investment Advisors’ holdings in iShares Russell 1000 Value ETF were worth $2,686,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the stock. Falcon Wealth Planning boosted its stake in iShares Russell 1000 Value ETF by 3.9% in the 1st quarter. Falcon Wealth Planning now owns 1,204 shares of the exchange traded fund’s stock worth $257,000 after purchasing an additional 45 shares in the last quarter. Members Wealth LLC raised its holdings in iShares Russell 1000 Value ETF by 3.6% in the first quarter. Members Wealth LLC now owns 1,330 shares of the exchange traded fund’s stock worth $301,000 after buying an additional 46 shares during the last quarter. Cardiff Park Advisors LLC raised its holdings in iShares Russell 1000 Value ETF by 0.6% in the fourth quarter. Cardiff Park Advisors LLC now owns 7,433 shares of the exchange traded fund’s stock worth $1,563,000 after buying an additional 46 shares during the last quarter. Sax Wealth Advisors LLC lifted its stake in shares of iShares Russell 1000 Value ETF by 0.5% in the fourth quarter. Sax Wealth Advisors LLC now owns 9,571 shares of the exchange traded fund’s stock worth $2,013,000 after buying an additional 49 shares in the last quarter. Finally, Cibc World Market Inc. lifted its stake in shares of iShares Russell 1000 Value ETF by 3.1% in the fourth quarter. Cibc World Market Inc. now owns 1,646 shares of the exchange traded fund’s stock worth $346,000 after buying an additional 49 shares in the last quarter. Hedge funds and other institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Stock Performance

Shares of NYSEARCA:IWD traded up $1.27 during trading on Tuesday, reaching $248.51. 336,137 shares of the stock traded hands, compared to its average volume of 3,207,792. The stock has a market cap of $81.50 billion, a P/E ratio of 18.83 and a beta of 0.84. The stock has a 50-day moving average of $237.24 and a two-hundred day moving average of $225.04. iShares Russell 1000 Value ETF has a 52-week low of $191.64 and a 52-week high of $249.26.

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.