Arcadia Wealth Management LLC Has $9.42 Million Position in iShares Russell 1000 Value ETF $IWD

Arcadia Wealth Management LLC grew its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 5.3% in the second quarter, HoldingsChannel reports. The fund owned 48,512 shares of the exchange traded fund’s stock after acquiring an additional 2,439 shares during the period. iShares Russell 1000 Value ETF accounts for 4.1% of Arcadia Wealth Management LLC’s holdings, making the stock its 6th largest position. Arcadia Wealth Management LLC’s holdings in iShares Russell 1000 Value ETF were worth $9,422,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Truvestments Capital LLC bought a new stake in shares of iShares Russell 1000 Value ETF during the first quarter worth approximately $25,000. GKV Capital Management Co. Inc. bought a new stake in iShares Russell 1000 Value ETF in the first quarter valued at approximately $27,000. Whipplewood Advisors LLC acquired a new stake in iShares Russell 1000 Value ETF in the first quarter worth $33,000. Creative Capital Management Investments LLC acquired a new stake in iShares Russell 1000 Value ETF in the first quarter worth $38,000. Finally, Valley Wealth Managers Inc. grew its holdings in shares of iShares Russell 1000 Value ETF by 78.0% in the 1st quarter. Valley Wealth Managers Inc. now owns 210 shares of the exchange traded fund’s stock valued at $40,000 after buying an additional 92 shares during the period. 84.93% of the stock is owned by institutional investors.

iShares Russell 1000 Value ETF Stock Up 0.2%

Shares of IWD stock opened at $203.59 on Wednesday. iShares Russell 1000 Value ETF has a 12-month low of $163.19 and a 12-month high of $204.02. The firm has a market capitalization of $64.25 billion, a price-to-earnings ratio of 18.83 and a beta of 0.95. The firm has a fifty day moving average of $199.82 and a 200-day moving average of $191.54.

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).