HBK Sorce Advisory LLC Lowers Stock Position in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

HBK Sorce Advisory LLC cut its holdings in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 4.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 37,859 shares of the exchange traded fund’s stock after selling 1,767 shares during the period. HBK Sorce Advisory LLC’s holdings in iShares Russell 1000 Value ETF were worth $7,009,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of IWD. Raymond James Financial Inc. purchased a new position in shares of iShares Russell 1000 Value ETF during the fourth quarter worth approximately $972,637,000. BNP Paribas Financial Markets grew its position in shares of iShares Russell 1000 Value ETF by 1,200,216.9% during the third quarter. BNP Paribas Financial Markets now owns 780,206 shares of the exchange traded fund’s stock worth $148,083,000 after acquiring an additional 780,141 shares during the last quarter. Strategic Financial Concepts LLC grew its position in shares of iShares Russell 1000 Value ETF by 18,440.5% during the fourth quarter. Strategic Financial Concepts LLC now owns 420,683 shares of the exchange traded fund’s stock worth $77,881,000 after acquiring an additional 418,414 shares during the last quarter. Equity Investment Corp grew its position in shares of iShares Russell 1000 Value ETF by 291.7% during the fourth quarter. Equity Investment Corp now owns 439,833 shares of the exchange traded fund’s stock worth $81,426,000 after acquiring an additional 327,537 shares during the last quarter. Finally, Truist Financial Corp grew its position in shares of iShares Russell 1000 Value ETF by 13.6% during the fourth 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 last quarter.

iShares Russell 1000 Value ETF Trading Down 0.4 %

Shares of IWD opened at $183.97 on Thursday. The firm has a market cap of $59.17 billion, a PE ratio of 19.81 and a beta of 0.98. The company’s 50 day simple moving average is $191.18 and its 200-day simple moving average is $190.66. iShares Russell 1000 Value ETF has a 12-month low of $168.85 and a 12-month high of $200.42.

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).