Avidian Wealth Solutions LLC Sells 3,915 Shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Avidian Wealth Solutions LLC lowered its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 8.0% during the fourth quarter, Holdings Channel.com reports. The firm owned 44,909 shares of the exchange traded fund’s stock after selling 3,915 shares during the quarter. Avidian Wealth Solutions LLC’s holdings in iShares Russell 1000 Value ETF were worth $7,421,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Pathstone Family Office LLC grew its position in shares of iShares Russell 1000 Value ETF by 2,323.4% in the 3rd quarter. Pathstone Family Office LLC now owns 5,038,517 shares of the exchange traded fund’s stock worth $764,948,000 after buying an additional 4,830,607 shares during the last quarter. TIAA Trust National Association purchased a new position in iShares Russell 1000 Value ETF in the third quarter worth $199,277,000. International Assets Investment Management LLC increased its position in shares of iShares Russell 1000 Value ETF by 15,667.6% during the fourth quarter. International Assets Investment Management LLC now owns 1,258,097 shares of the exchange traded fund’s stock worth $207,901,000 after purchasing an additional 1,250,118 shares in the last quarter. Comerica Bank purchased a new stake in shares of iShares Russell 1000 Value ETF during the 3rd quarter valued at $147,633,000. Finally, Cerity Partners LLC boosted its position in shares of iShares Russell 1000 Value ETF by 622.6% in the 4th quarter. Cerity Partners LLC now owns 805,931 shares of the exchange traded fund’s stock worth $133,180,000 after purchasing an additional 694,404 shares in the last quarter.

iShares Russell 1000 Value ETF Stock Performance

NYSEARCA:IWD traded up $1.02 during mid-day trading on Friday, hitting $173.12. 970,219 shares of the company’s stock traded hands, compared to its average volume of 2,107,100. The company has a market capitalization of $54.23 billion, a P/E ratio of 17.81 and a beta of 0.77. The company has a fifty day moving average of $173.97 and a 200 day moving average of $164.82. iShares Russell 1000 Value ETF has a twelve month low of $143.34 and a twelve month high of $179.56.

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).