Sequoia Financial Advisors LLC Purchases 2,536 Shares of iShares Russell 1000 Value ETF $IWD

Sequoia Financial Advisors LLC increased its holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 11.1% during the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 25,299 shares of the exchange traded fund’s stock after buying an additional 2,536 shares during the period. Sequoia Financial Advisors LLC’s holdings in iShares Russell 1000 Value ETF were worth $5,150,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Atlantic Union Bankshares Corp lifted its holdings in shares of iShares Russell 1000 Value ETF by 612.7% during the 2nd quarter. Atlantic Union Bankshares Corp now owns 23,036 shares of the exchange traded fund’s stock worth $4,474,000 after acquiring an additional 19,804 shares during the last quarter. Joel Adams & Associates Inc. grew its holdings in shares of 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 valued at $563,000 after purchasing an additional 1,399 shares during the last quarter. 1ST Source Bank raised its position in 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 purchasing an additional 2,259 shares during the period. American National Bank & Trust lifted its stake in 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 worth $926,000 after purchasing an additional 358 shares during the last quarter. Finally, Apollon Wealth Management LLC boosted its position in 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 buying an additional 106 shares during the period. 84.93% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell 1000 Value ETF Trading Down 0.1%

Shares of NYSEARCA:IWD opened at $218.99 on Tuesday. The stock has a market capitalization of $70.28 billion, a P/E ratio of 18.83 and a beta of 0.89. The stock’s 50-day moving average price is $210.65 and its 200-day moving average price is $204.19. iShares Russell 1000 Value ETF has a 12-month low of $163.19 and a 12-month high of $219.86.

iShares Russell 1000 Value ETF 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.