LM Advisors LLC Cuts Stock Holdings in iShares Russell 1000 Value ETF $IWD

LM Advisors LLC lowered its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 79.0% during the fourth quarter, HoldingsChannel.com reports. The firm owned 619 shares of the exchange traded fund’s stock after selling 2,322 shares during the period. LM Advisors LLC’s holdings in iShares Russell 1000 Value ETF were worth $130,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Sax Wealth Advisors LLC raised its stake in shares of iShares Russell 1000 Value ETF by 0.5% in the 4th quarter. Sax Wealth Advisors LLC now owns 9,571 shares of the exchange traded fund’s stock valued at $2,013,000 after acquiring an additional 49 shares during the period. Cibc World Market Inc. raised its stake in shares of iShares Russell 1000 Value ETF by 3.1% in the 4th quarter. Cibc World Market Inc. now owns 1,646 shares of the exchange traded fund’s stock valued at $346,000 after acquiring an additional 49 shares during the period. Capital Advantage Inc. raised its stake in shares of iShares Russell 1000 Value ETF by 0.9% in the 4th quarter. Capital Advantage Inc. now owns 5,850 shares of the exchange traded fund’s stock valued at $1,231,000 after acquiring an additional 51 shares during the period. Tortoise Investment Management LLC raised its stake in shares of iShares Russell 1000 Value ETF by 2.5% in the 3rd quarter. Tortoise Investment Management LLC now owns 2,251 shares of the exchange traded fund’s stock valued at $458,000 after acquiring an additional 54 shares during the period. Finally, Greenwood Gearhart Inc. raised its stake in shares of iShares Russell 1000 Value ETF by 1.8% in the 3rd quarter. Greenwood Gearhart Inc. now owns 3,215 shares of the exchange traded fund’s stock valued at $655,000 after acquiring an additional 57 shares during the period. Hedge funds and other institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Trading Up 1.0%

Shares of IWD stock opened at $242.13 on Friday. The company’s fifty day simple moving average is $231.02 and its 200-day simple moving average is $221.41. The company has a market cap of $77.77 billion, a PE ratio of 18.83 and a beta of 0.84. iShares Russell 1000 Value ETF has a 52 week low of $188.55 and a 52 week high of $243.00.

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.