Cedar Mountain Advisors LLC Has $77.99 Million Stock Holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Cedar Mountain Advisors LLC increased its holdings in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 0.4% in the 3rd quarter, Holdings Channel.com reports. The firm owned 410,900 shares of the exchange traded fund’s stock after acquiring an additional 1,493 shares during the quarter. iShares Russell 1000 Value ETF makes up approximately 17.6% of Cedar Mountain Advisors LLC’s portfolio, making the stock its largest position. Cedar Mountain Advisors LLC’s holdings in iShares Russell 1000 Value ETF were worth $77,989,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Triad Wealth Partners LLC acquired a new stake in iShares Russell 1000 Value ETF in the 2nd quarter worth $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 Price Performance

Shares of IWD traded down $0.35 on Tuesday, reaching $192.32. 672,498 shares of the stock traded hands, compared to its average volume of 1,739,150. The stock’s 50-day moving average price is $185.60 and its 200-day moving average price is $179.32. The firm has a market cap of $60.24 billion, a price-to-earnings ratio of 17.81 and a beta of 0.77. iShares Russell 1000 Value ETF has a 12 month low of $143.34 and a 12 month high of $193.45.

iShares Russell 1000 Value ETF Company 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).