Pasadena Private Wealth LLC Sells 85 Shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Pasadena Private Wealth LLC decreased its position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 3.3% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,487 shares of the exchange traded fund’s stock after selling 85 shares during the quarter. Pasadena Private Wealth LLC’s holdings in iShares Russell 1000 Value ETF were worth $393,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also modified their holdings of IWD. Studio Investment Management LLC grew its position in iShares Russell 1000 Value ETF by 115.0% in the 4th quarter. Studio Investment Management LLC now owns 172 shares of the exchange traded fund’s stock valued at $26,000 after acquiring an additional 92 shares during the last quarter. Northwest Investment Counselors LLC bought a new position in shares of iShares Russell 1000 Value ETF in the first quarter worth about $31,000. Horizons Wealth Management increased its stake in iShares Russell 1000 Value ETF by 632.4% in the 1st quarter. Horizons Wealth Management now owns 249 shares of the exchange traded fund’s stock worth $38,000 after buying an additional 215 shares during the period. Lumature Wealth Partners LLC bought a new stake in iShares Russell 1000 Value ETF during the 4th quarter valued at about $39,000. Finally, Financial Gravity Asset Management Inc. purchased a new stake in iShares Russell 1000 Value ETF in the 1st quarter valued at about $44,000.

iShares Russell 1000 Value ETF Price Performance

IWD stock traded up $0.27 during mid-day trading on Monday, reaching $158.61. The company had a trading volume of 975,658 shares, compared to its average volume of 1,766,305. The firm has a 50 day moving average of $159.57 and a 200 day moving average of $154.89. iShares Russell 1000 Value ETF has a 12 month low of $134.09 and a 12 month high of $164.18. The company has a market capitalization of $50.66 billion, a PE ratio of 13.53 and a beta of 0.95.

About iShares Russell 1000 Value ETF

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).