Cahaba Wealth Management Inc. Sells 505 Shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Cahaba Wealth Management Inc. decreased its position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 3.8% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 12,784 shares of the exchange traded fund’s stock after selling 505 shares during the quarter. Cahaba Wealth Management Inc.’s holdings in iShares Russell 1000 Value ETF were worth $2,230,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. 9258 Wealth Management LLC purchased a new position in iShares Russell 1000 Value ETF in the fourth quarter worth $229,000. Principal Securities Inc. purchased a new position in iShares Russell 1000 Value ETF during the 4th quarter worth $443,000. Smithfield Trust Co increased its position in iShares Russell 1000 Value ETF by 32.1% during the 4th quarter. Smithfield Trust Co now owns 515 shares of the exchange traded fund’s stock valued at $86,000 after buying an additional 125 shares in the last quarter. Thompson Siegel & Walmsley LLC increased its position in iShares Russell 1000 Value ETF by 3.5% during the 4th quarter. Thompson Siegel & Walmsley LLC now owns 11,154 shares of the exchange traded fund’s stock valued at $1,843,000 after buying an additional 379 shares in the last quarter. Finally, Northwest Financial Advisors purchased a new stake in iShares Russell 1000 Value ETF in the fourth quarter valued at about $95,000.

iShares Russell 1000 Value ETF Stock Performance

Shares of IWD stock opened at $182.66 on Friday. iShares Russell 1000 Value ETF has a fifty-two week low of $143.34 and a fifty-two week high of $188.47. The firm has a market capitalization of $57.22 billion, a price-to-earnings ratio of 17.81 and a beta of 0.77. The stock’s 50-day simple moving average is $180.48 and its 200-day simple moving average is $176.60.

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).