Forte Asset Management LLC Reduces Holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Forte Asset Management LLC decreased its position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 0.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 23,904 shares of the exchange traded fund’s stock after selling 161 shares during the period. iShares Russell 1000 Value ETF comprises approximately 2.3% of Forte Asset Management LLC’s holdings, making the stock its 17th biggest holding. Forte Asset Management LLC’s holdings in iShares Russell 1000 Value ETF were worth $4,425,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Proathlete Wealth Management LLC increased its position in shares of iShares Russell 1000 Value ETF by 15.0% in the 4th quarter. Proathlete Wealth Management LLC now owns 63,893 shares of the exchange traded fund’s stock worth $11,829,000 after purchasing an additional 8,325 shares during the last quarter. W Advisors LLC increased its position in shares of iShares Russell 1000 Value ETF by 19.8% in the 4th quarter. W Advisors LLC now owns 15,870 shares of the exchange traded fund’s stock worth $2,938,000 after purchasing an additional 2,627 shares during the last quarter. YHB Investment Advisors Inc. increased its position in shares of iShares Russell 1000 Value ETF by 8.2% in the 4th quarter. YHB Investment Advisors Inc. now owns 2,674 shares of the exchange traded fund’s stock worth $495,000 after purchasing an additional 203 shares during the last quarter. Northwest Financial Advisors increased its position in shares of iShares Russell 1000 Value ETF by 803.0% in the 4th quarter. Northwest Financial Advisors now owns 2,718 shares of the exchange traded fund’s stock worth $503,000 after purchasing an additional 2,417 shares during the last quarter. Finally, Foundations Investment Advisors LLC increased its position in shares of iShares Russell 1000 Value ETF by 18.3% in the 4th quarter. Foundations Investment Advisors LLC now owns 4,068 shares of the exchange traded fund’s stock worth $753,000 after purchasing an additional 630 shares during the last quarter.

iShares Russell 1000 Value ETF Stock Performance

NYSEARCA IWD opened at $194.45 on Tuesday. iShares Russell 1000 Value ETF has a one year low of $164.34 and a one year high of $200.42. The company has a 50-day simple moving average of $191.08 and a 200-day simple moving average of $187.92. The firm has a market capitalization of $60.91 billion, a PE ratio of 17.81 and a beta of 0.77.

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).