Sonata Capital Group Inc. bought a new stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD – Free Report) in the 3rd quarter, according to its most recent filing with the SEC. The institutional investor bought 67,541 shares of the exchange traded fund’s stock, valued at approximately $16,745,000. iShares Russell 1000 Value ETF comprises 5.3% of Sonata Capital Group Inc.’s holdings, making the stock its 3rd biggest position.
A number of other hedge funds have also made changes to their positions in the stock. Evanson Financial LLC bought a new stake in shares of iShares Russell 1000 Value ETF in the 2nd quarter worth about $3,582,000. HB Wealth Management LLC lifted its position in shares of iShares Russell 1000 Value ETF by 3.4% during the second quarter. HB Wealth Management LLC now owns 244,415 shares of the exchange traded fund’s stock worth $59,254,000 after purchasing an additional 8,104 shares during the last quarter. Stairway Partners LLC bought a new position in shares of iShares Russell 1000 Value ETF during the third quarter worth about $326,735,000. Rose Capital Advisors LLC acquired a new position in iShares Russell 1000 Value ETF in the second quarter worth about $629,000. Finally, Hsbc Holdings PLC grew its stake in iShares Russell 1000 Value ETF by 4.8% in the fourth quarter. Hsbc Holdings PLC now owns 141,873 shares of the exchange traded fund’s stock worth $29,841,000 after purchasing an additional 6,534 shares in the last quarter. Institutional investors and hedge funds own 84.93% of the company’s stock.
iShares Russell 1000 Value ETF Trading Down 0.1%
iShares Russell 1000 Value ETF stock traded down $0.13 during midday trading on Monday, hitting $255.64. The stock had a trading volume of 848,473 shares, compared to its average volume of 2,632,639. The stock has a market cap of $83.65 billion, a P/E ratio of 18.83 and a beta of 0.84. iShares Russell 1000 Value ETF has a 12 month low of $199.79 and a 12 month high of $260.19. The business has a fifty day moving average price of $254.68 and a 200 day moving average price of $243.69.
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.
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