iShares Russell 1000 Value ETF $IWD Shares Sold by Turtle Creek Wealth Advisors LLC

Turtle Creek Wealth Advisors LLC reduced its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 25.7% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,085 shares of the exchange traded fund’s stock after selling 2,110 shares during the period. Turtle Creek Wealth Advisors LLC’s holdings in iShares Russell 1000 Value ETF were worth $1,300,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of IWD. Brown Miller Wealth Management LLC purchased a new stake in iShares Russell 1000 Value ETF during the fourth quarter valued at about $1,213,000. Personal CFO Solutions LLC purchased a new position in shares of iShares Russell 1000 Value ETF in the 4th quarter worth about $1,539,000. Brass Tax Wealth Management Inc. purchased a new position in shares of iShares Russell 1000 Value ETF in the 3rd quarter worth about $753,000. SMI Advisory Services LLC purchased a new position in shares of iShares Russell 1000 Value ETF in the 4th quarter worth about $55,463,000. Finally, Massachusetts Financial Services Co. MA lifted its stake in shares of iShares Russell 1000 Value ETF by 121.8% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 190,793 shares of the exchange traded fund’s stock valued at $40,131,000 after purchasing an additional 104,778 shares in the last quarter. 84.93% of the stock is owned by institutional investors and hedge funds.

iShares Russell 1000 Value ETF Stock Performance

Shares of NYSEARCA:IWD opened at $246.81 on Friday. iShares Russell 1000 Value ETF has a 1 year low of $191.64 and a 1 year high of $246.94. The stock has a market capitalization of $80.89 billion, a P/E ratio of 18.83 and a beta of 0.84. The stock has a 50-day simple moving average of $236.84 and a 200-day simple moving average of $224.80.

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.