GM Advisory Group LLC Reduces Stock Holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

GM Advisory Group LLC lowered its holdings in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 26.3% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,336 shares of the exchange traded fund’s stock after selling 476 shares during the quarter. GM Advisory Group LLC’s holdings in iShares Russell 1000 Value ETF were worth $247,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in IWD. Raymond James Financial Inc. purchased a new stake in iShares Russell 1000 Value ETF during the fourth quarter valued at approximately $972,637,000. M&T Bank Corp increased its stake in shares of iShares Russell 1000 Value ETF by 4.9% in the 4th quarter. M&T Bank Corp now owns 3,720,837 shares of the exchange traded fund’s stock worth $688,838,000 after purchasing an additional 173,058 shares in the last quarter. PNC Financial Services Group Inc. raised its holdings in iShares Russell 1000 Value ETF by 4.3% in the 4th quarter. PNC Financial Services Group Inc. now owns 3,386,955 shares of the exchange traded fund’s stock worth $627,027,000 after purchasing an additional 139,689 shares during the period. LPL Financial LLC lifted its position in iShares Russell 1000 Value ETF by 0.7% during the third quarter. LPL Financial LLC now owns 3,293,977 shares of the exchange traded fund’s stock valued at $625,197,000 after purchasing an additional 23,197 shares in the last quarter. Finally, Synovus Financial Corp grew its holdings in iShares Russell 1000 Value ETF by 1.2% during the third quarter. Synovus Financial Corp now owns 2,848,914 shares of the exchange traded fund’s stock valued at $540,724,000 after purchasing an additional 34,700 shares during the period.

iShares Russell 1000 Value ETF Price Performance

Shares of NYSEARCA IWD opened at $188.47 on Thursday. The stock has a market cap of $60.96 billion, a PE ratio of 19.31 and a beta of 0.97. The firm has a fifty day moving average price of $191.25 and a 200-day moving average price of $190.66. 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 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).