Paladin Advisory Group LLC Cuts Stock Position in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Paladin Advisory Group LLC decreased its holdings in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 1.7% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 6,394 shares of the exchange traded fund’s stock after selling 108 shares during the period. Paladin Advisory Group LLC’s holdings in iShares Russell 1000 Value ETF were worth $1,184,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in IWD. Eagle Bay Advisors LLC purchased a new stake in iShares Russell 1000 Value ETF in the 3rd quarter valued at $32,000. Hantz Financial Services Inc. purchased a new position in iShares Russell 1000 Value ETF during the fourth quarter worth about $35,000. Carmichael Hill & Associates Inc. grew its stake in shares of iShares Russell 1000 Value ETF by 536.1% in the 3rd quarter. Carmichael Hill & Associates Inc. now owns 229 shares of the exchange traded fund’s stock valued at $43,000 after buying an additional 193 shares during the period. Northwest Investment Counselors LLC purchased a new stake in shares of iShares Russell 1000 Value ETF in the 3rd quarter valued at $44,000. Finally, Howe & Rusling Inc. boosted its holdings in iShares Russell 1000 Value ETF by 144.1% during the 3rd quarter. Howe & Rusling Inc. now owns 249 shares of the exchange traded fund’s stock valued at $47,000 after acquiring an additional 147 shares during the period.

iShares Russell 1000 Value ETF Stock Performance

Shares of IWD opened at $193.86 on Wednesday. The stock has a market capitalization of $60.73 billion, a PE ratio of 17.81 and a beta of 0.77. The company’s 50-day simple moving average is $191.09 and its 200-day simple moving average is $188.14. iShares Russell 1000 Value ETF has a 1 year low of $164.34 and a 1 year high of $200.42.

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).