Andina Capital Management LLC Purchases Shares of 4,570 iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Andina Capital Management LLC purchased a new stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 4,570 shares of the exchange traded fund’s stock, valued at approximately $846,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Eagle Bay Advisors LLC acquired a new stake in shares of iShares Russell 1000 Value ETF in the third quarter worth $32,000. Nemes Rush Group LLC grew its stake in shares of iShares Russell 1000 Value ETF by 382.1% in the second quarter. Nemes Rush Group LLC now owns 188 shares of the exchange traded fund’s stock worth $33,000 after acquiring an additional 149 shares during the last quarter. Carmichael Hill & Associates Inc. grew its stake in shares of iShares Russell 1000 Value ETF by 536.1% in the third quarter. Carmichael Hill & Associates Inc. now owns 229 shares of the exchange traded fund’s stock worth $43,000 after acquiring an additional 193 shares during the last quarter. Northwest Investment Counselors LLC acquired a new stake in shares of iShares Russell 1000 Value ETF in the third quarter worth $44,000. Finally, Howe & Rusling Inc. grew its stake in shares of iShares Russell 1000 Value ETF by 144.1% in the third quarter. Howe & Rusling Inc. now owns 249 shares of the exchange traded fund’s stock worth $47,000 after acquiring an additional 147 shares during the last quarter.

iShares Russell 1000 Value ETF Price Performance

Shares of IWD stock opened at $193.79 on Friday. The stock has a market cap of $60.70 billion, a P/E ratio of 17.81 and a beta of 0.77. iShares Russell 1000 Value ETF has a one year low of $164.34 and a one year high of $200.42. The stock has a fifty day moving average price of $191.08 and a 200 day moving average price of $187.74.

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).