Cedarwood Wealth LLC Takes Position in iShares Russell 1000 Value ETF $IWD

Cedarwood Wealth LLC bought a new stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) during the fourth quarter, HoldingsChannel reports. The firm bought 2,531 shares of the exchange traded fund’s stock, valued at approximately $555,000.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. 1ST Source Bank raised its stake in shares of iShares Russell 1000 Value ETF by 1.3% during the 3rd quarter. 1ST Source Bank now owns 686,114 shares of the exchange traded fund’s stock worth $139,686,000 after purchasing an additional 8,737 shares in the last quarter. Focus Partners Advisor Solutions LLC boosted its holdings in shares of iShares Russell 1000 Value ETF by 32.6% in the 3rd quarter. Focus Partners Advisor Solutions LLC now owns 25,923 shares of the exchange traded fund’s stock valued at $5,308,000 after buying an additional 6,380 shares during the last quarter. Brown Miller Wealth Management LLC bought a new position in shares of iShares Russell 1000 Value ETF in the fourth quarter valued at $1,213,000. Claro Advisors LLC grew its stake in shares of iShares Russell 1000 Value ETF by 21.2% in the third quarter. Claro Advisors LLC now owns 101,709 shares of the exchange traded fund’s stock valued at $20,707,000 after buying an additional 17,760 shares in the last quarter. Finally, Personal CFO Solutions LLC bought a new position in shares of iShares Russell 1000 Value ETF in the fourth quarter valued at $1,539,000. Institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Stock Performance

Shares of IWD opened at $242.18 on Friday. The company’s fifty day simple moving average is $233.52 and its 200 day simple moving average is $222.62. iShares Russell 1000 Value ETF has a 1-year low of $188.55 and a 1-year high of $245.51. The company has a market cap of $77.79 billion, a price-to-earnings ratio of 18.83 and a beta of 0.84.

iShares Russell 1000 Value ETF Company 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). The Index represents approximately 50% of the total market capitalization of the Russell 1000 Index. The Index measures the large-capital value sector of the United States equity market.