Waverly Advisors LLC Sells 8,205 Shares of iShares Russell 1000 Value ETF $IWD

Waverly Advisors LLC reduced its holdings in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 2.9% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 272,542 shares of the exchange traded fund’s stock after selling 8,205 shares during the period. Waverly Advisors LLC’s holdings in iShares Russell 1000 Value ETF were worth $58,234,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in the business. Simplicity Wealth LLC increased its holdings in iShares Russell 1000 Value ETF by 0.3% in the first quarter. Simplicity Wealth LLC now owns 16,034 shares of the exchange traded fund’s stock worth $3,426,000 after purchasing an additional 44 shares in the last quarter. Falcon Wealth Planning grew its position in shares of iShares Russell 1000 Value ETF by 3.9% during the 1st quarter. Falcon Wealth Planning now owns 1,204 shares of the exchange traded fund’s stock worth $257,000 after buying an additional 45 shares during the period. Members Wealth LLC grew its position in shares of iShares Russell 1000 Value ETF by 3.6% during the 1st quarter. Members Wealth LLC now owns 1,330 shares of the exchange traded fund’s stock worth $301,000 after buying an additional 46 shares during the period. Cardiff Park Advisors LLC increased its stake in shares of iShares Russell 1000 Value ETF by 0.6% in the 4th quarter. Cardiff Park Advisors LLC now owns 7,433 shares of the exchange traded fund’s stock valued at $1,563,000 after acquiring an additional 46 shares in the last quarter. Finally, Cibc World Market Inc. lifted its position in shares of iShares Russell 1000 Value ETF by 3.1% during the 4th quarter. Cibc World Market Inc. now owns 1,646 shares of the exchange traded fund’s stock valued at $346,000 after acquiring an additional 49 shares during the period. 84.93% of the stock is owned by institutional investors.

iShares Russell 1000 Value ETF Trading Up 0.8%

IWD opened at $248.24 on Friday. The company has a fifty day moving average price of $241.98 and a two-hundred day moving average price of $228.74. iShares Russell 1000 Value ETF has a 1-year low of $191.64 and a 1-year high of $250.50. The company has a market cap of $81.21 billion, a P/E ratio of 18.83 and a beta of 0.84.

iShares Russell 1000 Value ETF 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). 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.