iShares Russell 1000 Value ETF $IWD is Cedar Mountain Advisors LLC’s 2nd Largest Position

Cedar Mountain Advisors LLC raised its holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 0.5% during the 2nd quarter, Holdings Channel reports. The firm owned 417,125 shares of the exchange traded fund’s stock after buying an additional 2,146 shares during the quarter. iShares Russell 1000 Value ETF makes up about 16.8% of Cedar Mountain Advisors LLC’s holdings, making the stock its 2nd largest holding. Cedar Mountain Advisors LLC’s holdings in iShares Russell 1000 Value ETF were worth $81,018,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in IWD. Pacific Life Fund Advisors LLC purchased a new position in iShares Russell 1000 Value ETF during the first quarter valued at $232,664,000. JP Wealth Management Inc. raised its position in shares of iShares Russell 1000 Value ETF by 18,716.0% during the 1st quarter. JP Wealth Management Inc. now owns 981,443 shares of the exchange traded fund’s stock worth $184,668,000 after purchasing an additional 976,227 shares during the last quarter. Goldman Sachs Group Inc. lifted its stake in iShares Russell 1000 Value ETF by 2.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 15,629,692 shares of the exchange traded fund’s stock valued at $2,940,883,000 after buying an additional 363,429 shares in the last quarter. American Century Companies Inc. lifted its stake in iShares Russell 1000 Value ETF by 62.3% in the 1st quarter. American Century Companies Inc. now owns 935,164 shares of the exchange traded fund’s stock valued at $175,960,000 after buying an additional 358,906 shares in the last quarter. Finally, Nuveen LLC purchased a new stake in iShares Russell 1000 Value ETF during the 1st quarter worth approximately $58,271,000. 84.93% of the stock is owned by institutional investors and hedge funds.

iShares Russell 1000 Value ETF Price Performance

NYSEARCA IWD opened at $204.96 on Monday. The stock’s 50 day simple moving average is $200.15 and its 200-day simple moving average is $191.90. The company has a market cap of $64.73 billion, a PE ratio of 18.83 and a beta of 0.95. iShares Russell 1000 Value ETF has a 1-year low of $163.19 and a 1-year high of $206.01.

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).