20,189 Shares in iShares Russell 1000 Value ETF $IWD Bought by Joel Isaacson & Co. LLC

Joel Isaacson & Co. LLC acquired a new position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) during the third quarter, HoldingsChannel reports. The institutional investor acquired 20,189 shares of the exchange traded fund’s stock, valued at approximately $5,006,000.

Other hedge funds have also recently made changes to their positions in the company. Brookstone Capital Management bought a new position in iShares Russell 1000 Value ETF in the 3rd quarter worth $3,556,000. Capital Investment Advisors LLC purchased a new stake in shares of iShares Russell 1000 Value ETF in the 3rd quarter worth about $6,532,000. Evanson Financial LLC purchased a new stake in shares of iShares Russell 1000 Value ETF in the 2nd quarter worth about $3,582,000. Barrett & Company Inc. purchased a new stake in shares of iShares Russell 1000 Value ETF in the 3rd quarter worth about $2,013,000. Finally, Stairway Partners LLC bought a new stake in shares of iShares Russell 1000 Value ETF during the 3rd quarter valued at about $326,735,000. 84.93% of the stock is owned by hedge funds and other institutional investors.

iShares Russell 1000 Value ETF Trading Up 0.4%

Shares of IWD opened at $263.81 on Thursday. iShares Russell 1000 Value ETF has a 1-year low of $199.79 and a 1-year high of $267.24. The firm’s 50-day moving average price is $255.33 and its 200-day moving average price is $239.82. The firm has a market capitalization of $85.07 billion, a price-to-earnings ratio of 21.21 and a beta of 0.84.

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). 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.