Landaas & Co. WI ADV Makes New $97.25 Million Investment in iShares Russell 1000 Value ETF $IWD

Landaas & Co. WI ADV acquired a new position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) in the 3rd quarter, Holdings Channel.com reports. The fund acquired 392,238 shares of the exchange traded fund’s stock, valued at approximately $97,247,000. iShares Russell 1000 Value ETF makes up 16.0% of Landaas & Co. WI ADV’s holdings, making the stock its 2nd biggest position.

Other hedge funds have also bought and sold shares of the company. Timbuktu Capital Management LLC purchased a new stake in shares of iShares Russell 1000 Value ETF in the second quarter valued at $25,000. Markowski Investments purchased a new position in shares of iShares Russell 1000 Value ETF during the 2nd quarter worth about $28,000. Cornerstone National Bank & Trust Co purchased a new position in shares of iShares Russell 1000 Value ETF during the 3rd quarter worth about $30,000. C M Bidwell & Associates Ltd. purchased a new position in shares of iShares Russell 1000 Value ETF during the 2nd quarter worth about $30,000. Finally, Halbert Hargrove Global Advisors LLC bought a new position in iShares Russell 1000 Value ETF during the 3rd quarter valued at about $41,000. Institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Trading Up 0.3%

Shares of NYSEARCA:IWD opened at $259.36 on Tuesday. The company has a market capitalization of $83.18 billion, a price-to-earnings 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 $261.14. The firm’s 50-day moving average is $254.83 and its 200 day moving average is $238.33.

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.