Corundum Group Inc. Has $22.57 Million Position in iShares Russell 1000 Value ETF $IWD

Corundum Group Inc. boosted its position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 0.8% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 116,215 shares of the exchange traded fund’s stock after purchasing an additional 909 shares during the quarter. iShares Russell 1000 Value ETF makes up 10.0% of Corundum Group Inc.’s portfolio, making the stock its 2nd biggest position. Corundum Group Inc.’s holdings in iShares Russell 1000 Value ETF were worth $22,572,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Truvestments Capital LLC bought a new position in iShares Russell 1000 Value ETF in the first quarter worth $25,000. GKV Capital Management Co. Inc. bought a new position in iShares Russell 1000 Value ETF in the first quarter worth $27,000. Creative Capital Management Investments LLC bought a new position in iShares Russell 1000 Value ETF in the first quarter worth $38,000. Valley Wealth Managers Inc. raised its holdings in iShares Russell 1000 Value ETF by 78.0% in the first quarter. Valley Wealth Managers Inc. now owns 210 shares of the exchange traded fund’s stock worth $40,000 after purchasing an additional 92 shares in the last quarter. Finally, Milestone Investment Advisors LLC bought a new position in shares of iShares Russell 1000 Value ETF during the first quarter valued at $41,000. Institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Price Performance

Shares of NYSEARCA:IWD opened at $204.96 on Friday. iShares Russell 1000 Value ETF has a 1-year low of $163.19 and a 1-year high of $206.01. The business has a fifty day moving average price of $200.15 and a 200-day moving average price of $191.85. The company has a market capitalization of $64.58 billion, a PE ratio of 18.83 and a beta of 0.95.

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).