Kanawha Capital Management LLC Reduces Stock Holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Kanawha Capital Management LLC is a registered investment advisor based in Charleston, West Virginia. The company manages assets for individuals and institutions, including pension funds and endowments. In its most recent 13F filing with the Securities and Exchange Commission (SEC), the company disclosed that it had reduced its holdings in shares of iShares Russell 1000 Value ETF NYSEARCAIWD by 0.9% during the third quarter of 2021.

The iShares Russell 1000 Value ETF is a popular exchange-traded fund (ETF) that tracks the performance of the Russell 1000 Value Index, which consists of large and mid-cap value stocks from the Russell 1000 Index. The index includes companies with lower price-to-earnings ratios and higher dividend yields than the broader market.

According to the company's filing, Kanawha Capital Management LLC owned 13,514 shares of iShares Russell 1000 Value ETF NYSEARCAIWD after selling […]. The exact number of shares sold is not disclosed in the filing. However, it's worth noting that the company's holdings in the ETF represent a small portion of its overall portfolio.

It's important to note that 13F filings are required quarterly by the SEC and provide insight into the investment strategies and holdings of institutional investors, including mutual funds and hedge funds. However, it's important to remember that these filings do not necessarily reflect a company's future performance or investment decisions.