Evergreen Advisors LLC Reduces Position in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Evergreen Advisors LLC cut its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 26.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,309 shares of the exchange traded fund’s stock after selling 1,171 shares during the quarter. iShares Russell 1000 Value ETF comprises approximately 0.2% of Evergreen Advisors LLC’s investment portfolio, making the stock its 13th biggest holding. Evergreen Advisors LLC’s holdings in iShares Russell 1000 Value ETF were worth $613,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in IWD. Golden State Equity Partners acquired a new position in iShares Russell 1000 Value ETF during the third quarter valued at $275,000. SteelPeak Wealth LLC lifted its position in iShares Russell 1000 Value ETF by 4.2% during the third quarter. SteelPeak Wealth LLC now owns 1,430 shares of the exchange traded fund’s stock valued at $271,000 after purchasing an additional 57 shares during the period. Cornerstone Wealth Group LLC lifted its position in iShares Russell 1000 Value ETF by 11.5% during the third quarter. Cornerstone Wealth Group LLC now owns 2,165 shares of the exchange traded fund’s stock valued at $411,000 after purchasing an additional 224 shares during the period. Financial Advocates Investment Management lifted its position in iShares Russell 1000 Value ETF by 71.3% during the third quarter. Financial Advocates Investment Management now owns 9,920 shares of the exchange traded fund’s stock valued at $1,883,000 after purchasing an additional 4,128 shares during the period. Finally, Catalyst Financial Partners LLC acquired a new position in iShares Russell 1000 Value ETF during the third quarter valued at $217,000.

iShares Russell 1000 Value ETF Price Performance

NYSEARCA IWD opened at $194.37 on Friday. The company has a market capitalization of $62.52 billion, a PE ratio of 19.81 and a beta of 0.98. The company has a fifty day moving average of $190.87 and a 200 day moving average of $190.29. iShares Russell 1000 Value ETF has a 1 year low of $168.85 and a 1 year 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).