Magnus Financial Group LLC Has $3.87 Million Stock Position in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Magnus Financial Group LLC cut its holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 10.9% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 23,431 shares of the exchange traded fund’s stock after selling 2,861 shares during the quarter. Magnus Financial Group LLC’s holdings in iShares Russell 1000 Value ETF were worth $3,872,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. HHM Wealth Advisors LLC boosted its position in iShares Russell 1000 Value ETF by 60.2% in the fourth quarter. HHM Wealth Advisors LLC now owns 189 shares of the exchange traded fund’s stock valued at $31,000 after buying an additional 71 shares in the last quarter. Financial Advisors LLC boosted its holdings in shares of iShares Russell 1000 Value ETF by 24.3% during the 4th quarter. Financial Advisors LLC now owns 7,100 shares of the exchange traded fund’s stock valued at $1,173,000 after acquiring an additional 1,387 shares in the last quarter. Stonebrook Private Inc. bought a new stake in iShares Russell 1000 Value ETF during the 4th quarter worth $578,000. Total Wealth Planning LLC acquired a new position in iShares Russell 1000 Value ETF in the 4th quarter worth about $270,000. Finally, Valmark Advisers Inc. raised its position in iShares Russell 1000 Value ETF by 9.2% in the fourth quarter. Valmark Advisers Inc. now owns 21,619 shares of the exchange traded fund’s stock valued at $3,573,000 after purchasing an additional 1,818 shares during the last quarter.

iShares Russell 1000 Value ETF Stock Down 0.1 %

Shares of IWD stock traded down $0.15 during trading hours on Friday, hitting $173.05. 1,773,243 shares of the company’s stock traded hands, compared to its average volume of 2,156,531. The stock has a market cap of $54.23 billion, a PE ratio of 17.74 and a beta of 0.80. The stock’s 50 day simple moving average is $173.68 and its 200 day simple moving average is $164.16. iShares Russell 1000 Value ETF has a 12 month low of $143.34 and a 12 month high of $179.56.

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).