Quantinno Capital Management LP Buys 36,824 Shares of iShares Russell 1000 Value ETF $IWD

Quantinno Capital Management LP lifted its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 38.5% in the 1st quarter, Holdings Channel reports. The institutional investor owned 132,409 shares of the exchange traded fund’s stock after purchasing an additional 36,824 shares during the quarter. Quantinno Capital Management LP’s holdings in iShares Russell 1000 Value ETF were worth $28,292,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. Reyes Financial Architecture Inc. bought a new position in iShares Russell 1000 Value ETF in the fourth quarter valued at about $25,000. IFC & Insurance Marketing Inc. bought a new stake in shares of iShares Russell 1000 Value ETF during the fourth quarter worth about $28,000. MBM Wealth Consultants LLC acquired a new position in shares of iShares Russell 1000 Value ETF in the first quarter valued at approximately $29,000. Heritage Wealth Advisors acquired a new position in shares of iShares Russell 1000 Value ETF in the fourth quarter valued at approximately $31,000. Finally, Grand Wealth Management LLC bought a new position in iShares Russell 1000 Value ETF in the 4th quarter valued at approximately $31,000. 84.93% of the stock is currently owned by institutional investors.

iShares Russell 1000 Value ETF Price Performance

NYSEARCA:IWD opened at $251.82 on Friday. The firm’s 50 day simple moving average is $243.68 and its 200 day simple moving average is $229.97. iShares Russell 1000 Value ETF has a one year low of $191.64 and a one year high of $252.73. The company has a market cap of $82.03 billion, a PE ratio of 18.83 and a beta of 0.84.

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.