Flywheel Private Wealth LLC Trims Stake in iShares Russell 1000 Value ETF $IWD

Flywheel Private Wealth LLC decreased its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 3.5% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 14,315 shares of the exchange traded fund’s stock after selling 514 shares during the period. iShares Russell 1000 Value ETF comprises 2.2% of Flywheel Private Wealth LLC’s portfolio, making the stock its 12th largest holding. Flywheel Private Wealth LLC’s holdings in iShares Russell 1000 Value ETF were worth $2,780,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the business. Truvestments Capital LLC purchased a new stake in shares of iShares Russell 1000 Value ETF in the first quarter worth $25,000. GKV Capital Management Co. Inc. acquired a new stake in iShares Russell 1000 Value ETF during the 1st quarter valued at approximately $27,000. Whipplewood Advisors LLC purchased a new stake in iShares Russell 1000 Value ETF in the 1st quarter worth $33,000. Dakota Community Bank & Trust NA purchased a new stake in shares of iShares Russell 1000 Value ETF in the first quarter valued at about $36,000. Finally, Creative Capital Management Investments LLC acquired a new stake in shares of iShares Russell 1000 Value ETF during the first quarter valued at about $38,000. 84.93% of the stock is currently owned by institutional investors.

iShares Russell 1000 Value ETF Trading Up 0.8%

Shares of IWD opened at $202.98 on Friday. The firm has a market cap of $64.06 billion, a PE ratio of 18.83 and a beta of 0.95. The company’s 50 day simple moving average is $199.56 and its 200-day simple moving average is $191.27. iShares Russell 1000 Value ETF has a 12-month low of $163.19 and a 12-month high of $204.02.

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).