Beaird Harris Wealth Management LLC Reduces Position in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Beaird Harris Wealth Management LLC lessened its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 4.1% in the fourth quarter, HoldingsChannel.com reports. The firm owned 1,575 shares of the exchange traded fund’s stock after selling 68 shares during the quarter. Beaird Harris Wealth Management LLC’s holdings in iShares Russell 1000 Value ETF were worth $260,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Partnership Wealth Management LLC purchased a new stake in shares of iShares Russell 1000 Value ETF during the fourth quarter valued at approximately $28,000. Headinvest LLC purchased a new stake in iShares Russell 1000 Value ETF in the third quarter worth $29,000. CarsonAllaria Wealth Management Ltd. lifted its stake in iShares Russell 1000 Value ETF by 84.4% in the fourth quarter. CarsonAllaria Wealth Management Ltd. now owns 177 shares of the exchange traded fund’s stock worth $29,000 after acquiring an additional 81 shares during the period. Peachtree Investment Partners LLC lifted its stake in iShares Russell 1000 Value ETF by 84.8% in the third quarter. Peachtree Investment Partners LLC now owns 194 shares of the exchange traded fund’s stock worth $30,000 after acquiring an additional 89 shares during the period. Finally, Access Investment Management LLC purchased a new stake in iShares Russell 1000 Value ETF in the fourth quarter worth $30,000.

iShares Russell 1000 Value ETF Stock Performance

IWD stock traded down $0.97 on Friday, reaching $172.79. The company’s stock had a trading volume of 1,490,935 shares, compared to its average volume of 1,868,641. The business has a fifty day simple moving average of $174.70 and a two-hundred day simple moving average of $170.22. iShares Russell 1000 Value ETF has a 12-month low of $143.34 and a 12-month high of $179.56. The firm has a market cap of $54.13 billion, a PE ratio of 17.81 and a beta of 0.77.

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).