TruWealth Advisors LLC Sells 2,944 Shares of iShares Russell 1000 Value ETF $IWD

TruWealth Advisors LLC trimmed its position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 2.4% during the 3rd quarter, HoldingsChannel reports. The firm owned 121,148 shares of the exchange traded fund’s stock after selling 2,944 shares during the period. iShares Russell 1000 Value ETF comprises about 1.2% of TruWealth Advisors LLC’s investment portfolio, making the stock its 24th biggest position. TruWealth Advisors LLC’s holdings in iShares Russell 1000 Value ETF were worth $24,664,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Atlantic Union Bankshares Corp grew its position in shares of iShares Russell 1000 Value ETF by 612.7% during the 2nd quarter. Atlantic Union Bankshares Corp now owns 23,036 shares of the exchange traded fund’s stock valued at $4,474,000 after acquiring an additional 19,804 shares during the period. 1ST Source Bank lifted its position in iShares Russell 1000 Value ETF by 0.3% during the second quarter. 1ST Source Bank now owns 677,377 shares of the exchange traded fund’s stock valued at $131,567,000 after purchasing an additional 2,259 shares in the last quarter. American National Bank & Trust grew its holdings in iShares Russell 1000 Value ETF by 8.1% during the second quarter. American National Bank & Trust now owns 4,768 shares of the exchange traded fund’s stock valued at $926,000 after purchasing an additional 358 shares during the period. Apollon Wealth Management LLC increased its position in iShares Russell 1000 Value ETF by 0.8% in the second quarter. Apollon Wealth Management LLC now owns 13,685 shares of the exchange traded fund’s stock worth $2,658,000 after buying an additional 106 shares in the last quarter. Finally, Falcon Wealth Planning increased its position in iShares Russell 1000 Value ETF by 6.5% in the second quarter. Falcon Wealth Planning now owns 1,166 shares of the exchange traded fund’s stock worth $226,000 after buying an additional 71 shares in the last quarter. Hedge funds and other institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Stock Up 0.1%

IWD stock opened at $212.10 on Tuesday. The business’s 50-day moving average price is $205.82 and its 200-day moving average price is $200.24. The stock has a market cap of $67.47 billion, a P/E ratio of 18.83 and a beta of 0.89. iShares Russell 1000 Value ETF has a twelve month low of $163.19 and a twelve month high of $213.53.

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).