iShares Russell 1000 Value ETF $IWD Shares Sold by Twin Peaks Wealth Advisors LLC

Twin Peaks Wealth Advisors LLC reduced its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 24.4% in the 4th quarter, Holdings Channel reports. The firm owned 6,592 shares of the exchange traded fund’s stock after selling 2,125 shares during the quarter. Twin Peaks Wealth Advisors LLC’s holdings in iShares Russell 1000 Value ETF were worth $1,481,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of IWD. Reyes Financial Architecture Inc. acquired a new stake in shares of iShares Russell 1000 Value ETF during the fourth quarter valued at about $25,000. Holos Integrated Wealth LLC acquired a new stake in shares of iShares Russell 1000 Value ETF during the fourth quarter valued at about $31,000. Grand Wealth Management LLC acquired a new stake in shares of iShares Russell 1000 Value ETF during the fourth quarter valued at about $31,000. Eagle Bay Advisors LLC acquired a new position in iShares Russell 1000 Value ETF in the fourth quarter worth about $36,000. Finally, Key Capital Management INC acquired a new position in iShares Russell 1000 Value ETF in the fourth quarter worth about $40,000. 84.93% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell 1000 Value ETF Stock Performance

NYSEARCA:IWD opened at $237.46 on Tuesday. The company has a market capitalization of $76.27 billion, a price-to-earnings ratio of 18.83 and a beta of 0.84. iShares Russell 1000 Value ETF has a one year low of $186.64 and a one year high of $239.17. The stock has a 50-day simple moving average of $226.32 and a 200 day simple moving average of $219.31.

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.