Centennial Bank AR Has $5.99 Million Position in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Centennial Bank AR reduced its position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 0.5% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 31,846 shares of the exchange traded fund’s stock after selling 158 shares during the quarter. iShares Russell 1000 Value ETF makes up about 2.9% of Centennial Bank AR’s investment portfolio, making the stock its 5th largest holding. Centennial Bank AR’s holdings in iShares Russell 1000 Value ETF were worth $5,992,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the company. Brass Tax Wealth Management Inc. bought a new position in shares of iShares Russell 1000 Value ETF in the first quarter worth approximately $860,000. Financial Counselors Inc. boosted its position in shares of iShares Russell 1000 Value ETF by 2.8% in the first quarter. Financial Counselors Inc. now owns 125,095 shares of the exchange traded fund’s stock worth $23,538,000 after purchasing an additional 3,457 shares during the period. Fund Evaluation Group LLC bought a new position in shares of iShares Russell 1000 Value ETF in the first quarter worth approximately $4,325,000. Astoria Strategic Wealth Inc. boosted its position in shares of iShares Russell 1000 Value ETF by 0.3% in the first quarter. Astoria Strategic Wealth Inc. now owns 36,819 shares of the exchange traded fund’s stock worth $6,928,000 after purchasing an additional 119 shares during the period. Finally, Cloud Capital Management LLC bought a new position in shares of iShares Russell 1000 Value ETF in the first quarter worth approximately $131,000. 84.93% of the stock is currently owned by institutional investors.

iShares Russell 1000 Value ETF Stock Performance

Shares of NYSEARCA:IWD opened at $197.41 on Monday. The firm has a fifty day moving average price of $189.08 and a 200 day moving average price of $187.70. iShares Russell 1000 Value ETF has a fifty-two week low of $163.19 and a fifty-two week high of $200.42. The firm has a market cap of $63.05 billion, a price-to-earnings ratio of 18.83 and a beta of 0.95.

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).