Hollow Brook Wealth Management LLC Takes $412,000 Position in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Hollow Brook Wealth Management LLC bought a new position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) during the 3rd quarter, Holdings Channel.com reports. The firm bought 2,170 shares of the exchange traded fund’s stock, valued at approximately $412,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in IWD. Triad Wealth Partners LLC bought a new stake in shares of iShares Russell 1000 Value ETF in the 2nd quarter worth approximately $25,000. Opal Wealth Advisors LLC purchased a new position in iShares Russell 1000 Value ETF during the second quarter valued at $28,000. Eagle Bay Advisors LLC bought a new stake in iShares Russell 1000 Value ETF during the third quarter worth about $32,000. Nemes Rush Group LLC boosted its stake in iShares Russell 1000 Value ETF by 382.1% during 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 in the last quarter. Finally, Family Firm Inc. purchased a new stake in iShares Russell 1000 Value ETF in the second quarter worth about $37,000.

iShares Russell 1000 Value ETF Stock Up 0.2 %

Shares of IWD opened at $199.79 on Monday. The stock has a market cap of $62.58 billion, a P/E ratio of 17.81 and a beta of 0.77. The business’s 50 day moving average price is $192.15 and its 200-day moving average price is $183.90. iShares Russell 1000 Value ETF has a 52 week low of $156.18 and a 52 week high of $200.42.

About iShares Russell 1000 Value ETF

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).