Joel Isaacson & Co. LLC Buys New Holdings in iShares Russell 1000 Value ETF $IWD

Joel Isaacson & Co. LLC bought a new position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 20,189 shares of the exchange traded fund’s stock, valued at approximately $5,006,000.

Several other hedge funds also recently made changes to their positions in the company. Timbuktu Capital Management LLC purchased a new stake in iShares Russell 1000 Value ETF during the 2nd quarter valued at $25,000. Putney Financial Group LLC bought a new stake in iShares Russell 1000 Value ETF in the 3rd quarter worth $25,000. Markowski Investments bought a new stake in iShares Russell 1000 Value ETF in the 2nd quarter worth $28,000. Midwest Capital Advisors LLC bought a new stake in iShares Russell 1000 Value ETF in the 3rd quarter worth $29,000. Finally, C M Bidwell & Associates Ltd. purchased a new position in shares of iShares Russell 1000 Value ETF in the second quarter valued at about $30,000. 84.93% of the stock is owned by hedge funds and other institutional investors.

iShares Russell 1000 Value ETF Trading Up 0.4%

IWD stock opened at $263.81 on Thursday. The stock has a market capitalization of $85.07 billion, a price-to-earnings ratio of 21.21 and a beta of 0.84. The firm’s 50-day moving average price is $255.33 and its two-hundred day moving average price is $239.82. iShares Russell 1000 Value ETF has a 12-month low of $199.79 and a 12-month high of $267.24.

About iShares Russell 1000 Value ETF

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.