Quadrant Capital Group LLC Purchases New Stake in iShares Russell 1000 Value ETF $IWD

Quadrant Capital Group LLC purchased a new stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) in the 3rd quarter, HoldingsChannel.com reports. The institutional investor purchased 30,822 shares of the exchange traded fund’s stock, valued at approximately $7,845,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Timbuktu Capital Management LLC purchased a new stake in shares of iShares Russell 1000 Value ETF during the 2nd quarter valued at approximately $25,000. Markowski Investments acquired a new position in iShares Russell 1000 Value ETF in the second quarter valued at approximately $28,000. Cornerstone National Bank & Trust Co acquired a new position in iShares Russell 1000 Value ETF in the third quarter valued at approximately $30,000. C M Bidwell & Associates Ltd. acquired a new position in iShares Russell 1000 Value ETF in the second quarter valued at approximately $30,000. Finally, MBM Wealth Consultants LLC purchased a new position in iShares Russell 1000 Value ETF in the first quarter worth approximately $29,000. Institutional investors and hedge funds own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Stock Performance

Shares of iShares Russell 1000 Value ETF stock opened at $257.70 on Wednesday. The firm has a market capitalization of $84.32 billion, a price-to-earnings ratio of 18.83 and a beta of 0.84. iShares Russell 1000 Value ETF has a fifty-two week low of $199.79 and a fifty-two week high of $260.19. The stock has a 50 day moving average of $254.62 and a 200 day moving average of $244.28.

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.