Woodard & Co. Asset Management Group Inc. ADV Decreases Stock Position in iShares Russell 1000 Value ETF $IWD

Woodard & Co. Asset Management Group Inc. ADV reduced its position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 3.1% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 96,135 shares of the exchange traded fund’s stock after selling 3,099 shares during the period. iShares Russell 1000 Value ETF comprises approximately 3.2% of Woodard & Co. Asset Management Group Inc. ADV’s holdings, making the stock its 11th largest position. Woodard & Co. Asset Management Group Inc. ADV’s holdings in iShares Russell 1000 Value ETF were worth $20,221,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Arkadios Wealth Advisors raised its position in iShares Russell 1000 Value ETF by 25.4% during the third quarter. Arkadios Wealth Advisors now owns 73,261 shares of the exchange traded fund’s stock valued at $14,915,000 after acquiring an additional 14,842 shares in the last quarter. Americana Partners LLC raised its position in iShares Russell 1000 Value ETF by 78.9% during the third quarter. Americana Partners LLC now owns 170,599 shares of the exchange traded fund’s stock valued at $34,732,000 after acquiring an additional 75,256 shares in the last quarter. 1ST Source Bank raised its position in iShares Russell 1000 Value ETF by 1.3% during the third quarter. 1ST Source Bank now owns 686,114 shares of the exchange traded fund’s stock valued at $139,686,000 after acquiring an additional 8,737 shares in the last quarter. Cullen Frost Bankers Inc. raised its position in iShares Russell 1000 Value ETF by 0.8% during the third quarter. Cullen Frost Bankers Inc. now owns 379,841 shares of the exchange traded fund’s stock valued at $77,332,000 after acquiring an additional 2,894 shares in the last quarter. Finally, Corundum Group Inc. increased its position in shares of iShares Russell 1000 Value ETF by 5.6% in the third quarter. Corundum Group Inc. now owns 122,726 shares of the exchange traded fund’s stock valued at $24,986,000 after buying an additional 6,511 shares in the last quarter. 84.93% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell 1000 Value ETF Price Performance

iShares Russell 1000 Value ETF stock opened at $230.86 on Friday. The stock has a market capitalization of $74.15 billion, a PE ratio of 18.83 and a beta of 0.84. iShares Russell 1000 Value ETF has a 12 month low of $182.36 and a 12 month high of $232.26. The business has a 50 day simple moving average of $220.41 and a 200-day simple moving average of $214.96.

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). 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.