Hollow Brook Wealth Management LLC Acquires 2,170 Shares of iShares Russell 1000 Value ETF $IWD

Hollow Brook Wealth Management LLC acquired a new stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) during the third quarter, Holdings Channel.com reports. The institutional investor acquired 2,170 shares of the exchange traded fund’s stock, valued at approximately $538,000.

A number of other hedge funds have also recently bought and sold shares of IWD. Woodmont Investment Counsel LLC acquired a new position in shares of iShares Russell 1000 Value ETF during the third quarter valued at $900,000. Virtue Capital Management LLC boosted its holdings in iShares Russell 1000 Value ETF by 258.5% in the third quarter. Virtue Capital Management LLC now owns 33,969 shares of the exchange traded fund’s stock valued at $8,422,000 after acquiring an additional 24,493 shares during the last quarter. Verus Financial Partners Inc. acquired a new stake in iShares Russell 1000 Value ETF in the third quarter worth about $2,282,000. Columbia Bank increased its position in iShares Russell 1000 Value ETF by 1.2% in the third quarter. Columbia Bank now owns 8,860 shares of the exchange traded fund’s stock worth $2,197,000 after purchasing an additional 109 shares during the period. Finally, Aviance Capital Partners LLC acquired a new stake in iShares Russell 1000 Value ETF in the third quarter worth about $227,000. 84.93% of the stock is currently owned by institutional investors.

iShares Russell 1000 Value ETF Stock Performance

Shares of NYSEARCA:IWD opened at $258.65 on Monday. The stock has a market capitalization of $82.95 billion, a P/E ratio of 18.83 and a beta of 0.84. iShares Russell 1000 Value ETF has a 1-year low of $199.79 and a 1-year high of $260.82. The business has a 50-day moving average price of $254.79 and a two-hundred day moving average price of $238.12.

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.