Private Advisor Group LLC Sells 10,967 Shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Private Advisor Group LLC trimmed its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 3.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 314,886 shares of the exchange traded fund’s stock after selling 10,967 shares during the quarter. Private Advisor Group LLC owned about 0.10% of iShares Russell 1000 Value ETF worth $58,297,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. LPL Financial LLC boosted its position in iShares Russell 1000 Value ETF by 0.7% during the third quarter. LPL Financial LLC now owns 3,293,977 shares of the exchange traded fund’s stock worth $625,197,000 after purchasing an additional 23,197 shares during the period. PNC Financial Services Group Inc. boosted its position in iShares Russell 1000 Value ETF by 0.3% during the third quarter. PNC Financial Services Group Inc. now owns 3,247,266 shares of the exchange traded fund’s stock worth $616,331,000 after purchasing an additional 10,304 shares during the period. Synovus Financial Corp boosted its position in iShares Russell 1000 Value ETF by 1.2% during the third quarter. Synovus Financial Corp now owns 2,848,914 shares of the exchange traded fund’s stock worth $540,724,000 after purchasing an additional 34,700 shares during the period. Truist Financial Corp boosted its position in shares of iShares Russell 1000 Value ETF by 13.6% in the fourth quarter. Truist Financial Corp now owns 2,501,354 shares of the exchange traded fund’s stock valued at $463,076,000 after acquiring an additional 299,280 shares during the period. Finally, Stifel Financial Corp boosted its position in shares of iShares Russell 1000 Value ETF by 3.8% in the third quarter. Stifel Financial Corp now owns 1,947,425 shares of the exchange traded fund’s stock valued at $369,623,000 after acquiring an additional 70,612 shares during the period.

iShares Russell 1000 Value ETF Stock Performance

Shares of iShares Russell 1000 Value ETF stock opened at $195.62 on Wednesday. The firm has a 50-day moving average of $190.10 and a 200-day moving average of $189.51. The stock has a market cap of $61.28 billion, a PE ratio of 17.81 and a beta of 0.77. iShares Russell 1000 Value ETF has a 52-week low of $167.96 and a 52-week high of $200.42.

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).