Centerpoint Advisory Group Sells 1,443 Shares of iShares Russell 1000 Value ETF $IWD

Centerpoint Advisory Group reduced its holdings in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 13.1% in the second quarter, HoldingsChannel.com reports. The fund owned 9,537 shares of the exchange traded fund’s stock after selling 1,443 shares during the quarter. iShares Russell 1000 Value ETF accounts for 1.6% of Centerpoint Advisory Group’s holdings, making the stock its 22nd biggest position. Centerpoint Advisory Group’s holdings in iShares Russell 1000 Value ETF were worth $1,852,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently bought and sold shares of the business. Truvestments Capital LLC bought a new stake in shares of iShares Russell 1000 Value ETF during the 1st quarter valued at about $25,000. GKV Capital Management Co. Inc. acquired a new position in iShares Russell 1000 Value ETF in the first quarter valued at approximately $27,000. Advantage Trust Co acquired a new position in iShares Russell 1000 Value ETF in the second quarter valued at approximately $29,000. RMG Wealth Management LLC acquired a new position in iShares Russell 1000 Value ETF in the second quarter valued at approximately $33,000. Finally, Access Investment Management LLC acquired a new position in iShares Russell 1000 Value ETF in the second quarter valued at approximately $35,000. 84.93% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell 1000 Value ETF Stock Up 0.7%

NYSEARCA:IWD opened at $204.19 on Thursday. The company has a fifty day moving average of $203.17 and a 200-day moving average of $195.77. The firm has a market capitalization of $64.95 billion, a P/E ratio of 18.83 and a beta of 0.89. iShares Russell 1000 Value ETF has a twelve month low of $163.19 and a twelve month high of $207.58.

iShares Russell 1000 Value ETF 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).