Seven Mile Advisory Trims Stock Position in iShares Russell 1000 Value ETF $IWD

Seven Mile Advisory lowered its holdings in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 20.4% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 24,056 shares of the exchange traded fund’s stock after selling 6,162 shares during the quarter. Seven Mile Advisory’s holdings in iShares Russell 1000 Value ETF were worth $5,060,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Reyes Financial Architecture Inc. purchased a new stake in shares of iShares Russell 1000 Value ETF during the 4th quarter valued at about $25,000. IFC & Insurance Marketing Inc. purchased a new stake in shares of iShares Russell 1000 Value ETF during the 4th quarter valued at about $28,000. Holos Integrated Wealth LLC purchased a new stake in shares of iShares Russell 1000 Value ETF during the 4th quarter valued at about $31,000. Grand Wealth Management LLC purchased a new stake in shares of iShares Russell 1000 Value ETF during the 4th quarter valued at about $31,000. Finally, Heritage Wealth Advisors purchased a new stake in iShares Russell 1000 Value ETF in the 4th quarter worth approximately $31,000. Hedge funds and other institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Stock Performance

iShares Russell 1000 Value ETF stock opened at $242.13 on Monday. The firm has a 50 day moving average of $231.02 and a 200 day moving average of $221.53. The firm has a market capitalization of $77.77 billion, a price-to-earnings ratio of 18.83 and a beta of 0.84. iShares Russell 1000 Value ETF has a 12-month low of $188.55 and a 12-month high of $243.00.

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). The Index represents approximately 50% of the total market capitalization of the Russell 1000 Index. The Index measures the large-capital value sector of the United States equity market.