Buckhead Capital Management LLC Purchases New Position in iShares Russell 1000 Value ETF $IWD

Buckhead Capital Management LLC acquired a new stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 2,750 shares of the exchange traded fund’s stock, valued at approximately $682,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Brookstone Capital Management bought a new stake in shares of iShares Russell 1000 Value ETF in the 3rd quarter worth $3,556,000. Capital Investment Advisors LLC acquired a new stake in shares of iShares Russell 1000 Value ETF in the third quarter valued at $6,532,000. Evanson Financial LLC bought a new position in iShares Russell 1000 Value ETF during the second quarter valued at about $3,582,000. Barrett & Company Inc. bought a new position in iShares Russell 1000 Value ETF during the third quarter valued at about $2,013,000. Finally, Stairway Partners LLC bought a new position in iShares Russell 1000 Value ETF during the third quarter valued at about $326,735,000. Institutional investors and hedge funds own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Stock Down 0.4%

NYSEARCA:IWD opened at $257.45 on Friday. The business’s 50-day moving average price is $254.98 and its 200 day moving average price is $239.16. The firm has a market cap of $82.83 billion, a P/E ratio of 18.83 and a beta of 0.84. iShares Russell 1000 Value ETF has a 52-week low of $199.79 and a 52-week high of $267.24.

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.