Cassaday & Co Wealth Management LLC Has $89.30 Million Stake in iShares Russell 1000 Value ETF $IWD

Cassaday & Co Wealth Management LLC reduced its position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 1.1% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 417,951 shares of the exchange traded fund’s stock after selling 4,627 shares during the period. iShares Russell 1000 Value ETF comprises about 1.9% of Cassaday & Co Wealth Management LLC’s investment portfolio, making the stock its 13th biggest position. Cassaday & Co Wealth Management LLC owned 0.13% of iShares Russell 1000 Value ETF worth $89,304,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the company. Reyes Financial Architecture Inc. acquired a new position in shares of iShares Russell 1000 Value ETF in the 4th quarter worth approximately $25,000. IFC & Insurance Marketing Inc. acquired a new stake in iShares Russell 1000 Value ETF during the 4th quarter valued at $28,000. MBM Wealth Consultants LLC bought a new position in iShares Russell 1000 Value ETF in the 1st quarter valued at $29,000. Heritage Wealth Advisors bought a new position in iShares Russell 1000 Value ETF in the 4th quarter valued at $31,000. Finally, Grand Wealth Management LLC bought a new stake in shares of iShares Russell 1000 Value ETF during the fourth quarter worth $31,000. 84.93% of the stock is owned by institutional investors.

iShares Russell 1000 Value ETF Stock Performance

Shares of NYSEARCA:IWD opened at $246.96 on Tuesday. The business has a fifty day moving average of $240.92 and a 200-day moving average of $227.84. iShares Russell 1000 Value ETF has a twelve month low of $191.64 and a twelve month high of $250.50. The firm has a market cap of $81.55 billion, a PE ratio of 18.83 and a beta of 0.84.

iShares Russell 1000 Value ETF 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). 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.