Marshall Financial Group Inc. ADV trimmed its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD – Free Report) by 6.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 9,499 shares of the exchange traded fund’s stock after selling 682 shares during the quarter. iShares Russell 1000 Value ETF comprises 0.5% of Marshall Financial Group Inc. ADV’s portfolio, making the stock its 28th largest position. Marshall Financial Group Inc. ADV’s holdings in iShares Russell 1000 Value ETF were worth $1,759,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds have also made changes to their positions in IWD. Concourse Financial Group Securities Inc. boosted its stake in iShares Russell 1000 Value ETF by 3.0% during the third quarter. Concourse Financial Group Securities Inc. now owns 1,834 shares of the exchange traded fund’s stock worth $348,000 after buying an additional 53 shares in the last quarter. Greenwood Gearhart Inc. increased its stake in iShares Russell 1000 Value ETF by 1.7% in the third quarter. Greenwood Gearhart Inc. now owns 3,212 shares of the exchange traded fund’s stock valued at $610,000 after acquiring an additional 54 shares during the period. Sigma Investment Counselors Inc. raised its position in iShares Russell 1000 Value ETF by 0.9% in the third quarter. Sigma Investment Counselors Inc. now owns 6,005 shares of the exchange traded fund’s stock worth $1,140,000 after purchasing an additional 55 shares in the last quarter. Signature Wealth Management Partners LLC lifted its stake in iShares Russell 1000 Value ETF by 4.7% during the fourth quarter. Signature Wealth Management Partners LLC now owns 1,223 shares of the exchange traded fund’s stock worth $226,000 after purchasing an additional 55 shares during the period. Finally, PBMares Wealth Management LLC boosted its holdings in iShares Russell 1000 Value ETF by 2.4% during the fourth quarter. PBMares Wealth Management LLC now owns 2,378 shares of the exchange traded fund’s stock valued at $440,000 after purchasing an additional 55 shares in the last quarter.
iShares Russell 1000 Value ETF Trading Down 2.1 %
Shares of IWD opened at $190.78 on Monday. The stock has a 50 day simple moving average of $190.97 and a 200-day simple moving average of $188.40. The stock has a market cap of $59.76 billion, a PE ratio of 17.81 and a beta of 0.77. iShares Russell 1000 Value ETF has a 1 year low of $164.34 and a 1 year 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).
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