iShares Russell 1000 Value ETF (NYSEARCA:IWD) Position Reduced by Cetera Investment Advisers

Cetera Investment Advisers reduced its position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 8.1% in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,123,650 shares of the exchange traded fund’s stock after selling 99,367 shares during the quarter. Cetera Investment Advisers owned about 0.36% of iShares Russell 1000 Value ETF worth $196,043,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the company. Triad Wealth Partners LLC bought a new position in iShares Russell 1000 Value ETF during the second quarter valued at about $25,000. Opal Wealth Advisors LLC bought a new position in shares of iShares Russell 1000 Value ETF during the 2nd quarter valued at about $28,000. Concord Wealth Partners grew its stake in shares of iShares Russell 1000 Value ETF by 70.4% in the 1st quarter. Concord Wealth Partners now owns 167 shares of the exchange traded fund’s stock worth $30,000 after purchasing an additional 69 shares during the last quarter. Nemes Rush Group LLC raised its holdings in shares of 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 worth $33,000 after purchasing an additional 149 shares in the last quarter. Finally, Family Firm Inc. acquired a new stake in iShares Russell 1000 Value ETF during the second quarter valued at approximately $37,000.

iShares Russell 1000 Value ETF Stock Performance

Shares of NYSEARCA:IWD opened at $189.80 on Tuesday. The stock has a market capitalization of $59.45 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 $190.37. The company has a 50 day moving average price of $183.73 and a 200 day moving average price of $178.38.

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).