Cahaba Wealth Management Inc. Has $2.59 Million Stock Holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Cahaba Wealth Management Inc. boosted its holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 6.7% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 13,644 shares of the exchange traded fund’s stock after buying an additional 860 shares during the period. Cahaba Wealth Management Inc.’s holdings in iShares Russell 1000 Value ETF were worth $2,590,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of IWD. Triad Wealth Partners LLC acquired a new position in iShares Russell 1000 Value ETF during the 2nd quarter valued at $25,000. Opal Wealth Advisors LLC acquired a new stake in iShares Russell 1000 Value ETF during the second quarter worth about $28,000. Concord Wealth Partners increased its stake in iShares Russell 1000 Value ETF by 70.4% during the first quarter. Concord Wealth Partners now owns 167 shares of the exchange traded fund’s stock valued at $30,000 after acquiring an additional 69 shares during the period. Nemes Rush Group LLC raised its holdings in iShares Russell 1000 Value ETF by 382.1% in the 2nd quarter. Nemes Rush Group LLC now owns 188 shares of the exchange traded fund’s stock valued at $33,000 after acquiring an additional 149 shares in the last quarter. Finally, Family Firm Inc. bought a new stake in shares of iShares Russell 1000 Value ETF in the 2nd quarter worth approximately $37,000.

iShares Russell 1000 Value ETF Stock Performance

Shares of NYSEARCA:IWD traded up $0.47 during trading on Friday, hitting $193.65. 1,203,162 shares of the stock were exchanged, compared to its average volume of 1,745,213. The company’s fifty day simple moving average is $186.92 and its 200-day simple moving average is $179.71. The company has a market capitalization of $60.66 billion, a price-to-earnings ratio of 17.81 and a beta of 0.77. iShares Russell 1000 Value ETF has a 1-year low of $143.34 and a 1-year high of $193.77.

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).