Flaharty Asset Management LLC Sells 93,718 Shares of iShares Russell 1000 Value ETF $IWD

Flaharty Asset Management LLC lessened its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 42.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 128,182 shares of the exchange traded fund’s stock after selling 93,718 shares during the quarter. iShares Russell 1000 Value ETF makes up approximately 3.4% of Flaharty Asset Management LLC’s portfolio, making the stock its 11th biggest position. Flaharty Asset Management LLC’s holdings in iShares Russell 1000 Value ETF were worth $26,962,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently made changes to their positions in IWD. Confluence Investment Management LLC raised its holdings in iShares Russell 1000 Value ETF by 2,904.9% during the 4th quarter. Confluence Investment Management LLC now owns 568,609 shares of the exchange traded fund’s stock valued at $119,601,000 after buying an additional 549,686 shares during the last quarter. Tcfg Wealth Management LLC boosted its position in iShares Russell 1000 Value ETF by 12,109.1% during the 3rd quarter. Tcfg Wealth Management LLC now owns 321,587 shares of the exchange traded fund’s stock valued at $65,472,000 after buying an additional 318,953 shares during the period. Allworth Financial LP grew its holdings in iShares Russell 1000 Value ETF by 604.9% in the 4th quarter. Allworth Financial LP now owns 320,484 shares of the exchange traded fund’s stock worth $67,411,000 after acquiring an additional 275,022 shares during the last quarter. SMI Advisory Services LLC bought a new stake in iShares Russell 1000 Value ETF in the 4th quarter worth $55,463,000. Finally, Thrivent Financial for Lutherans increased its position in shares of iShares Russell 1000 Value ETF by 615.9% in the third quarter. Thrivent Financial for Lutherans now owns 291,173 shares of the exchange traded fund’s stock valued at $59,280,000 after acquiring an additional 250,498 shares during the period. Institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Trading Up 0.9%

Shares of NYSEARCA:IWD opened at $233.80 on Thursday. The company has a 50-day moving average price of $222.91 and a 200-day moving average price of $217.47. The company has a market cap of $75.10 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 $184.69 and a 12 month high of $236.01.

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.