Cedar Mountain Advisors LLC Cuts Stock Holdings in iShares Russell 1000 Value ETF $IWD

Cedar Mountain Advisors LLC lessened its position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 3.9% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 400,966 shares of the exchange traded fund’s stock after selling 16,159 shares during the period. iShares Russell 1000 Value ETF makes up about 15.9% of Cedar Mountain Advisors LLC’s holdings, making the stock its 2nd largest position. Cedar Mountain Advisors LLC owned 0.13% of iShares Russell 1000 Value ETF worth $81,633,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of IWD. Atlantic Union Bankshares Corp grew its holdings in iShares Russell 1000 Value ETF by 612.7% during the second quarter. Atlantic Union Bankshares Corp now owns 23,036 shares of the exchange traded fund’s stock worth $4,474,000 after buying an additional 19,804 shares in the last quarter. Joel Adams & Associates Inc. boosted its holdings in iShares Russell 1000 Value ETF by 93.2% during the 2nd quarter. Joel Adams & Associates Inc. now owns 2,900 shares of the exchange traded fund’s stock worth $563,000 after acquiring an additional 1,399 shares during the last quarter. 1ST Source Bank grew its stake in shares of iShares Russell 1000 Value ETF by 0.3% in the 2nd quarter. 1ST Source Bank now owns 677,377 shares of the exchange traded fund’s stock worth $131,567,000 after acquiring an additional 2,259 shares in the last quarter. American National Bank & Trust raised its holdings in shares of iShares Russell 1000 Value ETF by 8.1% in the second quarter. American National Bank & Trust now owns 4,768 shares of the exchange traded fund’s stock valued at $926,000 after purchasing an additional 358 shares during the last quarter. Finally, Apollon Wealth Management LLC lifted its position in shares of iShares Russell 1000 Value ETF by 0.8% during the second quarter. Apollon Wealth Management LLC now owns 13,685 shares of the exchange traded fund’s stock valued at $2,658,000 after purchasing an additional 106 shares in the last quarter. 84.93% of the stock is owned by institutional investors and hedge funds.

iShares Russell 1000 Value ETF Stock Performance

iShares Russell 1000 Value ETF stock opened at $217.59 on Friday. iShares Russell 1000 Value ETF has a fifty-two week low of $163.19 and a fifty-two week high of $217.89. The firm’s 50-day simple moving average is $208.93 and its 200 day simple moving average is $203.11. The stock has a market cap of $71.12 billion, a PE ratio of 18.83 and a beta of 0.89.

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). 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.