LM Advisors LLC Trims Position in iShares Russell 1000 Value ETF $IWD

LM Advisors LLC decreased its position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 79.0% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 619 shares of the exchange traded fund’s stock after selling 2,322 shares during the period. LM Advisors LLC’s holdings in iShares Russell 1000 Value ETF were worth $130,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of IWD. Reyes Financial Architecture Inc. purchased a new position in shares of iShares Russell 1000 Value ETF during the fourth quarter valued at approximately $25,000. IFC & Insurance Marketing Inc. purchased a new position in shares of iShares Russell 1000 Value ETF during the fourth quarter valued at approximately $28,000. Holos Integrated Wealth LLC purchased a new position in shares of iShares Russell 1000 Value ETF during the fourth quarter valued at approximately $31,000. Grand Wealth Management LLC purchased a new position in shares of iShares Russell 1000 Value ETF during the fourth quarter valued at approximately $31,000. Finally, Heritage Wealth Advisors purchased a new position in iShares Russell 1000 Value ETF during the fourth 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 Up 1.0%

NYSEARCA:IWD opened at $242.13 on Friday. The company has a market cap of $77.77 billion, a P/E ratio of 18.83 and a beta of 0.84. iShares Russell 1000 Value ETF has a fifty-two week low of $188.55 and a fifty-two week high of $243.00. The firm’s 50 day moving average is $231.02 and its two-hundred day moving average is $221.41.

iShares Russell 1000 Value ETF Company 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.