USAdvisors Wealth Management LLC Trims Holdings in iShares Russell 1000 Value ETF $IWD

USAdvisors Wealth Management LLC reduced its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 15.5% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,194 shares of the exchange traded fund’s stock after selling 219 shares during the period. USAdvisors Wealth Management LLC’s holdings in iShares Russell 1000 Value ETF were worth $232,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the stock. Penobscot Investment Management Company Inc. lifted its holdings in shares of iShares Russell 1000 Value ETF by 4.6% during the 2nd quarter. Penobscot Investment Management Company Inc. now owns 1,250 shares of the exchange traded fund’s stock worth $243,000 after acquiring an additional 55 shares during the period. Warner Financial Inc. lifted its holdings in shares of iShares Russell 1000 Value ETF by 1.6% during the 2nd quarter. Warner Financial Inc. now owns 3,578 shares of the exchange traded fund’s stock worth $695,000 after acquiring an additional 58 shares during the period. InvesTrust lifted its holdings in shares of iShares Russell 1000 Value ETF by 0.6% during the 2nd quarter. InvesTrust now owns 10,331 shares of the exchange traded fund’s stock worth $2,007,000 after acquiring an additional 59 shares during the period. U.S. Capital Wealth Advisors LLC lifted its holdings in shares of iShares Russell 1000 Value ETF by 0.6% during the 2nd quarter. U.S. Capital Wealth Advisors LLC now owns 10,150 shares of the exchange traded fund’s stock worth $1,971,000 after acquiring an additional 59 shares during the period. Finally, Armstrong Advisory Group Inc. lifted its holdings in shares of iShares Russell 1000 Value ETF by 3.0% during the 2nd quarter. Armstrong Advisory Group Inc. now owns 2,115 shares of the exchange traded fund’s stock worth $411,000 after acquiring an additional 61 shares during the period. 84.93% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell 1000 Value ETF Price Performance

Shares of IWD stock opened at $204.96 on Friday. The firm has a market cap of $64.58 billion, a P/E ratio of 18.83 and a beta of 0.95. iShares Russell 1000 Value ETF has a 1-year low of $163.19 and a 1-year high of $206.01. The firm’s 50-day simple moving average is $200.15 and its 200-day simple moving average is $191.87.

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).