PFG Advisors Sells 1,407 Shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD)

PFG Advisors reduced its position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 13.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,400 shares of the exchange traded fund’s stock after selling 1,407 shares during the quarter. PFG Advisors’ holdings in iShares Russell 1000 Value ETF were worth $1,740,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Peterson Wealth Services bought a new position in shares of iShares Russell 1000 Value ETF in the fourth quarter valued at about $32,000. Halbert Hargrove Global Advisors LLC bought a new position in shares of iShares Russell 1000 Value ETF in the fourth quarter valued at about $32,000. Hantz Financial Services Inc. bought a new position in shares of iShares Russell 1000 Value ETF in the fourth quarter valued at about $35,000. Howe & Rusling Inc. raised its position in shares of iShares Russell 1000 Value ETF by 144.1% in the third quarter. Howe & Rusling Inc. now owns 249 shares of the exchange traded fund’s stock valued at $47,000 after purchasing an additional 147 shares during the period. Finally, Centricity Wealth Management LLC bought a new position in shares of iShares Russell 1000 Value ETF in the fourth quarter valued at about $46,000.

iShares Russell 1000 Value ETF Price Performance

Shares of IWD opened at $183.97 on Thursday. The firm has a market capitalization of $59.17 billion, a PE ratio of 19.81 and a beta of 0.98. The company’s 50-day moving average is $191.18 and its 200-day moving average is $190.66. iShares Russell 1000 Value ETF has a fifty-two week low of $168.85 and a fifty-two week high of $200.42.

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).