Spire Wealth Management Sells 1,145 Shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Spire Wealth Management cut its position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 4.8% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 22,559 shares of the exchange traded fund’s stock after selling 1,145 shares during the quarter. Spire Wealth Management’s holdings in iShares Russell 1000 Value ETF were worth $3,936,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Triad Wealth Partners LLC acquired a new position in iShares Russell 1000 Value ETF during the second quarter worth about $25,000. Partnership Wealth Management LLC bought a new stake in iShares Russell 1000 Value ETF in the fourth quarter worth approximately $28,000. Opal Wealth Advisors LLC bought a new position in shares of iShares Russell 1000 Value ETF during the 2nd quarter worth approximately $28,000. CarsonAllaria Wealth Management Ltd. grew its position in shares of iShares Russell 1000 Value ETF by 84.4% during the 4th quarter. CarsonAllaria Wealth Management Ltd. now owns 177 shares of the exchange traded fund’s stock worth $29,000 after buying an additional 81 shares during the period. Finally, Access Investment Management LLC bought a new stake in shares of iShares Russell 1000 Value ETF in the 4th quarter valued at $30,000.

iShares Russell 1000 Value ETF Price Performance

Shares of IWD traded up $1.57 during trading hours on Friday, hitting $188.32. The stock had a trading volume of 3,104,880 shares, compared to its average volume of 1,796,628. iShares Russell 1000 Value ETF has a 1-year low of $143.34 and a 1-year high of $188.47. The firm has a market capitalization of $58.99 billion, a P/E ratio of 17.81 and a beta of 0.77. The firm has a 50 day simple moving average of $179.42 and a 200-day simple moving average of $175.99.

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).