iShares Russell 1000 Value ETF $IWD Shares Sold by Paulson Wealth Management Inc.

Paulson Wealth Management Inc. decreased its position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 3.9% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 270,484 shares of the exchange traded fund’s stock after selling 10,845 shares during the quarter. iShares Russell 1000 Value ETF comprises 13.1% of Paulson Wealth Management Inc.’s investment portfolio, making the stock its 2nd largest holding. Paulson Wealth Management Inc. owned 0.09% of iShares Russell 1000 Value ETF worth $56,894,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in IWD. Sax Wealth Advisors LLC increased its stake in shares of iShares Russell 1000 Value ETF by 0.5% during the 4th quarter. Sax Wealth Advisors LLC now owns 9,571 shares of the exchange traded fund’s stock worth $2,013,000 after purchasing an additional 49 shares during the last quarter. Capital Advantage Inc. raised its position in shares of iShares Russell 1000 Value ETF by 0.9% in the fourth quarter. Capital Advantage Inc. now owns 5,850 shares of the exchange traded fund’s stock valued at $1,231,000 after purchasing an additional 51 shares during the period. JFG Wealth Management LLC lifted its position in iShares Russell 1000 Value ETF by 0.4% during the 3rd quarter. JFG Wealth Management LLC now owns 12,218 shares of the exchange traded fund’s stock worth $2,487,000 after acquiring an additional 53 shares during the last quarter. Tortoise Investment Management LLC lifted its position in shares of iShares Russell 1000 Value ETF by 2.5% during the 3rd quarter. Tortoise Investment Management LLC now owns 2,251 shares of the exchange traded fund’s stock worth $458,000 after purchasing an additional 54 shares during the last quarter. Finally, ESL Trust Services LLC lifted its holdings in shares of iShares Russell 1000 Value ETF by 11.9% during the third quarter. ESL Trust Services LLC now owns 536 shares of the exchange traded fund’s stock worth $109,000 after buying an additional 57 shares during the last quarter. Institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Price Performance

Shares of iShares Russell 1000 Value ETF stock opened at $235.17 on Friday. The firm has a fifty day moving average price of $221.91 and a two-hundred day moving average price of $216.71. iShares Russell 1000 Value ETF has a fifty-two week low of $184.69 and a fifty-two week high of $236.01. The company has a market cap of $75.54 billion, a PE ratio of 18.83 and a beta of 0.84.

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). 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.