iShares Russell 1000 Value ETF (NYSEARCA:IWD) is Cedar Mountain Advisors LLC’s Largest Position

Cedar Mountain Advisors LLC reduced its holdings in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD – Get Rating) by 0.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 405,141 shares of the exchange traded fund’s stock after selling 2,907 shares during the quarter. iShares Russell 1000 Value ETF comprises 19.3% of Cedar Mountain Advisors LLC’s investment portfolio, making the stock its biggest position. Cedar Mountain Advisors LLC owned about 0.11% of iShares Russell 1000 Value ETF worth $61,440,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of IWD. Magnolia Wealth Management LLC bought a new stake in shares of iShares Russell 1000 Value ETF during the first quarter valued at about $214,000. Sei Investments Co. lifted its stake in iShares Russell 1000 Value ETF by 123.6% in the 1st quarter. Sei Investments Co. now owns 181,320 shares of the exchange traded fund’s stock worth $30,141,000 after purchasing an additional 100,236 shares in the last quarter. Allianz Asset Management GmbH boosted its holdings in iShares Russell 1000 Value ETF by 284.4% in the 1st quarter. Allianz Asset Management GmbH now owns 184,280 shares of the exchange traded fund’s stock valued at $30,587,000 after purchasing an additional 136,345 shares during the period. Loomis Sayles & Co. L P increased its holdings in shares of iShares Russell 1000 Value ETF by 1.0% in the first quarter. Loomis Sayles & Co. L P now owns 43,099 shares of the exchange traded fund’s stock worth $7,154,000 after purchasing an additional 447 shares during the period. Finally, First Trust Advisors LP purchased a new stake in shares of iShares Russell 1000 Value ETF in the first quarter worth $2,529,000.

iShares Russell 1000 Value ETF Stock Down 1.8 %

iShares Russell 1000 Value ETF stock opened at $145.65 on Friday. The stock has a market cap of $49.32 billion, a price-to-earnings ratio of 13.53 and a beta of 0.96. The business has a 50-day simple moving average of $155.92 and a 200 day simple moving average of $151.53. iShares Russell 1000 Value ETF has a 52 week low of $134.09 and a 52 week high of $169.69.

About iShares Russell 1000 Value ETF

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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).