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

Cedar Mountain Advisors LLC cut its holdings in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 1.8% in the 1st quarter, Holdings Channel reports. The firm owned 395,176 shares of the exchange traded fund’s stock after selling 7,376 shares during the period. iShares Russell 1000 Value ETF accounts for about 16.5% of Cedar Mountain Advisors LLC’s holdings, making the stock its largest position. Cedar Mountain Advisors LLC’s holdings in iShares Russell 1000 Value ETF were worth $84,437,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the business. Reyes Financial Architecture Inc. bought a new stake in shares of iShares Russell 1000 Value ETF during the 4th quarter worth $25,000. IFC & Insurance Marketing Inc. bought a new position in iShares Russell 1000 Value ETF in the fourth quarter valued at about $28,000. MBM Wealth Consultants LLC acquired a new position in iShares Russell 1000 Value ETF during the first quarter worth about $29,000. Holos Integrated Wealth LLC acquired a new position in iShares Russell 1000 Value ETF during the fourth quarter worth about $31,000. Finally, Grand Wealth Management LLC bought a new position in shares of iShares Russell 1000 Value ETF in the fourth quarter worth about $31,000. Institutional investors and hedge funds own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Price Performance

Shares of NYSEARCA:IWD opened at $246.84 on Friday. iShares Russell 1000 Value ETF has a one year low of $191.64 and a one year high of $249.26. The company has a market cap of $81.52 billion, a price-to-earnings ratio of 18.83 and a beta of 0.84. The firm has a 50 day simple moving average of $239.17 and a 200 day simple moving average of $226.24.

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.