Great Valley Advisor Group Inc. Has $4.45 Million Stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Great Valley Advisor Group Inc. lowered its holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 12.1% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 25,492 shares of the exchange traded fund’s stock after selling 3,524 shares during the period. Great Valley Advisor Group Inc.’s holdings in iShares Russell 1000 Value ETF were worth $4,447,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Allspring Global Investments Holdings LLC lifted its position in shares of iShares Russell 1000 Value ETF by 14.9% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 78,913 shares of the exchange traded fund’s stock valued at $13,040,000 after buying an additional 10,229 shares during the last quarter. Tennessee Valley Asset Management Partners bought a new position in iShares Russell 1000 Value ETF during the fourth quarter worth $107,000. NewEdge Wealth LLC acquired a new position in shares of iShares Russell 1000 Value ETF in the fourth quarter valued at $2,337,000. ORG Partners LLC raised its position in shares of iShares Russell 1000 Value ETF by 144.1% in the fourth quarter. ORG Partners LLC now owns 1,704 shares of the exchange traded fund’s stock valued at $282,000 after purchasing an additional 1,006 shares during the period. Finally, Crestwood Advisors Group LLC raised its position in shares of iShares Russell 1000 Value ETF by 18.2% in the fourth quarter. Crestwood Advisors Group LLC now owns 3,012 shares of the exchange traded fund’s stock valued at $498,000 after purchasing an additional 463 shares during the period.

iShares Russell 1000 Value ETF Stock Performance

Shares of IWD stock traded up $0.39 during midday trading on Wednesday, hitting $179.28. 559,762 shares of the company were exchanged, compared to its average volume of 1,822,486. The firm has a market capitalization of $56.16 billion, a P/E ratio of 17.81 and a beta of 0.77. The firm’s 50 day moving average price is $176.90 and its two-hundred day moving average price is $174.49. iShares Russell 1000 Value ETF has a 52 week low of $143.34 and a 52 week high of $184.93.

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).