Paulson Wealth Management Inc. Buys 8,925 Shares of iShares Russell 1000 Value ETF $IWD

Paulson Wealth Management Inc. lifted its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 3.3% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 280,992 shares of the exchange traded fund’s stock after purchasing an additional 8,925 shares during the period. iShares Russell 1000 Value ETF accounts for approximately 14.1% of Paulson Wealth Management Inc.’s holdings, making the stock its 2nd largest holding. Paulson Wealth Management Inc. owned about 0.09% of iShares Russell 1000 Value ETF worth $54,577,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Atlantic Union Bankshares Corp boosted its position in shares of iShares Russell 1000 Value ETF by 612.7% during the second quarter. Atlantic Union Bankshares Corp now owns 23,036 shares of the exchange traded fund’s stock worth $4,474,000 after purchasing an additional 19,804 shares in the last quarter. American National Bank & Trust raised its stake in iShares Russell 1000 Value ETF by 8.1% during the 2nd quarter. American National Bank & Trust now owns 4,768 shares of the exchange traded fund’s stock worth $926,000 after buying an additional 358 shares during the period. Apollon Wealth Management LLC raised its stake in iShares Russell 1000 Value ETF by 0.8% during the 2nd quarter. Apollon Wealth Management LLC now owns 13,685 shares of the exchange traded fund’s stock worth $2,658,000 after buying an additional 106 shares during the period. Falcon Wealth Planning grew its stake in iShares Russell 1000 Value ETF by 6.5% in the second quarter. Falcon Wealth Planning now owns 1,166 shares of the exchange traded fund’s stock valued at $226,000 after acquiring an additional 71 shares during the period. Finally, Builder Investment Group Inc. ADV acquired a new position in iShares Russell 1000 Value ETF in the second quarter valued at about $205,000. Institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Price Performance

NYSEARCA IWD opened at $203.10 on Friday. iShares Russell 1000 Value ETF has a one year low of $163.19 and a one year high of $207.58. The firm has a market cap of $64.61 billion, a P/E ratio of 18.83 and a beta of 0.89. The stock’s 50-day moving average is $203.20 and its 200-day moving average is $195.82.

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).