Cedarwood Wealth LLC Purchases Shares of 2,531 iShares Russell 1000 Value ETF $IWD

Cedarwood Wealth LLC purchased a new stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 2,531 shares of the exchange traded fund’s stock, valued at approximately $555,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Bank of America Corp DE raised its position in iShares Russell 1000 Value ETF by 5.4% in the 4th quarter. Bank of America Corp DE now owns 52,256,616 shares of the exchange traded fund’s stock valued at $10,991,657,000 after buying an additional 2,686,078 shares during the last quarter. Morgan Stanley lifted its stake in iShares Russell 1000 Value ETF by 9.0% in the 4th quarter. Morgan Stanley now owns 39,663,587 shares of the exchange traded fund’s stock valued at $8,342,840,000 after acquiring an additional 3,280,476 shares in the last quarter. Goldman Sachs Group Inc. boosted its position in iShares Russell 1000 Value ETF by 0.8% during the 4th quarter. Goldman Sachs Group Inc. now owns 11,414,192 shares of the exchange traded fund’s stock worth $2,400,861,000 after acquiring an additional 85,365 shares during the last quarter. JPMorgan Chase & Co. boosted its position in iShares Russell 1000 Value ETF by 3.8% during the 4th quarter. JPMorgan Chase & Co. now owns 9,251,710 shares of the exchange traded fund’s stock worth $1,946,005,000 after acquiring an additional 338,948 shares during the last quarter. Finally, Wells Fargo & Company MN boosted its position in iShares Russell 1000 Value ETF by 20.3% during the 4th quarter. Wells Fargo & Company MN now owns 5,895,769 shares of the exchange traded fund’s stock worth $1,240,116,000 after acquiring an additional 995,230 shares during the last quarter. 84.93% of the stock is owned by institutional investors and hedge funds.

iShares Russell 1000 Value ETF Price Performance

Shares of IWD opened at $242.18 on Friday. iShares Russell 1000 Value ETF has a twelve month low of $188.55 and a twelve month high of $245.51. The stock has a market capitalization of $77.79 billion, a P/E ratio of 18.83 and a beta of 0.84. The company has a 50 day moving average of $233.52 and a 200-day moving average of $222.62.

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.