Transcend Capital Advisors LLC Sells 986 Shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Transcend Capital Advisors LLC lessened its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 31.1% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,188 shares of the exchange traded fund’s stock after selling 986 shares during the period. Transcend Capital Advisors LLC’s holdings in iShares Russell 1000 Value ETF were worth $405,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. LPL Financial LLC increased its stake in iShares Russell 1000 Value ETF by 0.7% during the 3rd quarter. LPL Financial LLC now owns 3,293,977 shares of the exchange traded fund’s stock worth $625,197,000 after acquiring an additional 23,197 shares during the period. PNC Financial Services Group Inc. increased its stake in iShares Russell 1000 Value ETF by 0.3% during the 3rd quarter. PNC Financial Services Group Inc. now owns 3,247,266 shares of the exchange traded fund’s stock worth $616,331,000 after acquiring an additional 10,304 shares during the period. Synovus Financial Corp increased its stake in iShares Russell 1000 Value ETF by 1.2% during the 3rd quarter. Synovus Financial Corp now owns 2,848,914 shares of the exchange traded fund’s stock worth $540,724,000 after acquiring an additional 34,700 shares during the period. Truist Financial Corp increased its stake in iShares Russell 1000 Value ETF by 13.6% during the 4th quarter. Truist Financial Corp now owns 2,501,354 shares of the exchange traded fund’s stock worth $463,076,000 after acquiring an additional 299,280 shares during the period. Finally, Stifel Financial Corp increased its stake in iShares Russell 1000 Value ETF by 3.8% during the 3rd quarter. Stifel Financial Corp now owns 1,947,425 shares of the exchange traded fund’s stock worth $369,623,000 after acquiring an additional 70,612 shares during the period.

iShares Russell 1000 Value ETF Price Performance

iShares Russell 1000 Value ETF stock opened at $192.64 on Friday. The stock’s fifty day moving average price is $190.23 and its two-hundred day moving average price is $189.83. iShares Russell 1000 Value ETF has a one year low of $168.85 and a one year high of $200.42. The firm has a market cap of $60.34 billion, a PE ratio of 17.81 and a beta of 0.77.

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).