First Horizon Advisors Inc. Sells 5,283 Shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD)

First Horizon Advisors Inc. lessened its holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 2.4% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 218,017 shares of the exchange traded fund’s stock after selling 5,283 shares during the period. iShares Russell 1000 Value ETF accounts for approximately 1.2% of First Horizon Advisors Inc.’s portfolio, making the stock its 12th largest holding. First Horizon Advisors Inc.’s holdings in iShares Russell 1000 Value ETF were worth $36,027,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in IWD. Headinvest LLC purchased a new stake in shares of iShares Russell 1000 Value ETF in the third quarter worth $29,000. Peachtree Investment Partners LLC raised its position in iShares Russell 1000 Value ETF by 84.8% during the third quarter. Peachtree Investment Partners LLC now owns 194 shares of the exchange traded fund’s stock valued at $30,000 after purchasing an additional 89 shares in the last quarter. HHM Wealth Advisors LLC raised its position in iShares Russell 1000 Value ETF by 60.2% during the fourth quarter. HHM Wealth Advisors LLC now owns 189 shares of the exchange traded fund’s stock valued at $31,000 after purchasing an additional 71 shares in the last quarter. BluePath Capital Management LLC purchased a new stake in iShares Russell 1000 Value ETF during the third quarter valued at about $36,000. Finally, Federated Hermes Inc. purchased a new stake in iShares Russell 1000 Value ETF during the fourth quarter valued at about $42,000.

iShares Russell 1000 Value ETF Price Performance

NYSEARCA IWD traded up $0.64 during trading hours on Thursday, reaching $171.87. 518,709 shares of the stock traded hands, compared to its average volume of 2,111,975. The stock has a 50 day simple moving average of $173.89 and a two-hundred day simple moving average of $164.62. iShares Russell 1000 Value ETF has a 1 year low of $143.34 and a 1 year high of $179.56. The company has a market cap of $53.84 billion, a price-to-earnings ratio of 17.81 and a beta of 0.77.

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).