Capital City Trust Co. FL Trims Stock Position in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Capital City Trust Co. FL cut its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 6.8% in the 4th quarter, Holdings Channel reports. The fund owned 2,942 shares of the exchange traded fund’s stock after selling 213 shares during the quarter. Capital City Trust Co. FL’s holdings in iShares Russell 1000 Value ETF were worth $545,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Compass Planning Associates Inc purchased a new stake in iShares Russell 1000 Value ETF during the 4th quarter valued at approximately $148,000. Cassaday & Co Wealth Management LLC raised its stake in shares of iShares Russell 1000 Value ETF by 9.4% during the 4th quarter. Cassaday & Co Wealth Management LLC now owns 403,598 shares of the exchange traded fund’s stock worth $74,718,000 after buying an additional 34,581 shares in the last quarter. Centricity Wealth Management LLC purchased a new position in shares of iShares Russell 1000 Value ETF during the 4th quarter worth approximately $46,000. JMG Financial Group Ltd. raised its stake in shares of iShares Russell 1000 Value ETF by 0.3% during the 4th quarter. JMG Financial Group Ltd. now owns 25,541 shares of the exchange traded fund’s stock worth $4,728,000 after buying an additional 79 shares in the last quarter. Finally, One Day In July LLC raised its stake in shares of iShares Russell 1000 Value ETF by 40.6% during the 4th quarter. One Day In July LLC now owns 2,289 shares of the exchange traded fund’s stock worth $424,000 after buying an additional 661 shares in the last quarter.

iShares Russell 1000 Value ETF Trading Down 1.4 %

Shares of IWD stock opened at $192.64 on Friday. The company has a market cap of $60.34 billion, a price-to-earnings ratio of 17.81 and a beta of 0.77. The stock has a 50 day simple moving average of $190.23 and a 200-day simple moving average of $189.73. iShares Russell 1000 Value ETF has a 12-month low of $168.85 and a 12-month high of $200.42.

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).