Advisors Preferred LLC Sells 67,085 Shares of iShares Russell 1000 Value ETF $IWD

Advisors Preferred LLC reduced its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 83.8% during the first quarter, Holdings Channel.com reports. The firm owned 12,998 shares of the exchange traded fund’s stock after selling 67,085 shares during the period. Advisors Preferred LLC’s holdings in iShares Russell 1000 Value ETF were worth $2,777,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Reyes Financial Architecture Inc. bought a new position in iShares Russell 1000 Value ETF during the 4th quarter valued at approximately $25,000. IFC & Insurance Marketing Inc. bought a new position in shares of iShares Russell 1000 Value ETF during the fourth quarter valued at approximately $28,000. MBM Wealth Consultants LLC bought a new position in shares of iShares Russell 1000 Value ETF during the first quarter valued at approximately $29,000. Holos Integrated Wealth LLC purchased a new stake in iShares Russell 1000 Value ETF in the fourth quarter worth $31,000. Finally, Grand Wealth Management LLC bought a new stake in iShares Russell 1000 Value ETF in the fourth quarter valued at $31,000. Institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Stock Down 0.5%

NYSEARCA:IWD opened at $246.37 on Wednesday. The firm’s fifty day simple moving average is $239.79 and its 200 day simple moving average is $226.84. The stock has a market cap of $81.29 billion, a P/E ratio of 18.83 and a beta of 0.84. iShares Russell 1000 Value ETF has a twelve month low of $191.64 and a twelve month high of $249.26.

iShares Russell 1000 Value ETF Company 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.