Canvas Wealth Advisors LLC Has $918,000 Stake in iShares Russell 1000 Value ETF $IWD

Canvas Wealth Advisors LLC boosted its holdings in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 40.9% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,630 shares of the exchange traded fund’s stock after purchasing an additional 1,345 shares during the period. Canvas Wealth Advisors LLC’s holdings in iShares Russell 1000 Value ETF were worth $918,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of IWD. Pacific Life Fund Advisors LLC acquired a new stake in iShares Russell 1000 Value ETF during the 1st quarter valued at $232,664,000. Goldman Sachs Group Inc. boosted its position 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 during the last quarter. American Century Companies Inc. boosted its position 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 during the last quarter. Nuveen LLC bought a new position in iShares Russell 1000 Value ETF in the 1st quarter valued at $58,271,000. Finally, Independence Asset Advisors LLC bought a new position in iShares Russell 1000 Value ETF in the 2nd quarter valued at $59,496,000. 84.93% of the stock is owned by institutional investors and hedge funds.

iShares Russell 1000 Value ETF Stock Performance

Shares of IWD opened at $202.84 on Monday. The firm has a market capitalization of $64.15 billion, a price-to-earnings ratio of 18.83 and a beta of 0.95. The business’s fifty day moving average price is $201.66 and its two-hundred day moving average price is $192.98. iShares Russell 1000 Value ETF has a 52 week low of $163.19 and a 52 week high of $206.01.

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).