Avidian Wealth Solutions LLC Has $7.42 Million Stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Avidian Wealth Solutions LLC cut its holdings in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 8.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund 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 large investors have also added to or reduced their stakes in the company. Jones Financial Companies Lllp lifted its stake in shares of iShares Russell 1000 Value ETF by 0.9% during the 3rd quarter. Jones Financial Companies Lllp now owns 8,735,247 shares of the exchange traded fund’s stock worth $1,326,185,000 after buying an additional 77,652 shares during the last quarter. Pathstone Family Office LLC lifted its position in iShares Russell 1000 Value ETF by 2,323.4% during the third quarter. Pathstone Family Office LLC now owns 5,038,517 shares of the exchange traded fund’s stock worth $764,948,000 after acquiring an additional 4,830,607 shares during the last quarter. Synovus Financial Corp boosted its holdings in shares of iShares Russell 1000 Value ETF by 2.5% during the third quarter. Synovus Financial Corp now owns 4,824,149 shares of the exchange traded fund’s stock worth $732,408,000 after acquiring an additional 117,900 shares during the period. M&T Bank Corp grew its position in shares of iShares Russell 1000 Value ETF by 1.1% in the fourth quarter. M&T Bank Corp now owns 3,674,457 shares of the exchange traded fund’s stock valued at $607,203,000 after purchasing an additional 39,454 shares during the last quarter. Finally, Raymond James & Associates increased its stake in shares of iShares Russell 1000 Value ETF by 5.4% during the fourth quarter. Raymond James & Associates now owns 3,644,855 shares of the exchange traded fund’s stock worth $602,312,000 after purchasing an additional 187,321 shares during the period.

iShares Russell 1000 Value ETF Price Performance

IWD traded up $1.02 during trading on Friday, hitting $173.12. The stock had a trading volume of 970,219 shares, compared to its average volume of 2,107,100. The company has a 50 day moving average price of $173.97 and a 200-day moving average price of $164.82. iShares Russell 1000 Value ETF has a one year low of $143.34 and a one year high of $179.56. The firm has a market cap of $54.23 billion, a price-to-earnings ratio of 17.81 and a beta of 0.77.

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).