Paladin Advisory Group LLC lifted its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD – Free Report) by 29.7% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 8,362 shares of the exchange traded fund’s stock after purchasing an additional 1,915 shares during the quarter. iShares Russell 1000 Value ETF accounts for 1.2% of Paladin Advisory Group LLC’s portfolio, making the stock its 28th largest position. Paladin Advisory Group LLC’s holdings in iShares Russell 1000 Value ETF were worth $1,624,000 as of its most recent SEC filing.
A number of other hedge funds have also recently added to or reduced their stakes in the company. Anchor Capital Advisors LLC increased its holdings in iShares Russell 1000 Value ETF by 33.4% in the second quarter. Anchor Capital Advisors LLC now owns 23,679 shares of the exchange traded fund’s stock worth $4,599,000 after buying an additional 5,926 shares during the last quarter. Atlantic Union Bankshares Corp increased its holdings in iShares Russell 1000 Value ETF by 612.7% in the second quarter. Atlantic Union Bankshares Corp now owns 23,036 shares of the exchange traded fund’s stock worth $4,474,000 after buying an additional 19,804 shares during the last quarter. SP Asset Management LLC acquired a new position in iShares Russell 1000 Value ETF in the second quarter worth approximately $221,000. Convergence Financial LLC acquired a new position in iShares Russell 1000 Value ETF in the second quarter worth approximately $213,000. Finally, Moors & Cabot Inc. increased its holdings in iShares Russell 1000 Value ETF by 30.5% in the second quarter. Moors & Cabot Inc. now owns 2,227 shares of the exchange traded fund’s stock worth $433,000 after buying an additional 521 shares during the last quarter. Institutional investors and hedge funds own 84.93% of the company’s stock.
iShares Russell 1000 Value ETF Stock Up 0.7%
Shares of IWD stock opened at $204.19 on Thursday. iShares Russell 1000 Value ETF has a 12 month low of $163.19 and a 12 month high of $207.58. The business’s 50 day moving average is $203.17 and its two-hundred day moving average is $195.77. The company has a market cap of $64.95 billion, a PE ratio of 18.83 and a beta of 0.89.
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).
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