Widmann Financial Services Inc. Acquires 561 Shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Widmann Financial Services Inc. boosted its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 2.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 28,552 shares of the exchange traded fund’s stock after purchasing an additional 561 shares during the period. iShares Russell 1000 Value ETF makes up about 4.1% of Widmann Financial Services Inc.’s investment portfolio, making the stock its 5th biggest holding. Widmann Financial Services Inc.’s holdings in iShares Russell 1000 Value ETF were worth $5,419,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently added to or reduced their stakes in the stock. Triad Wealth Partners LLC purchased a new stake in shares of iShares Russell 1000 Value ETF in the second quarter worth about $25,000. Opal Wealth Advisors LLC acquired a new position in iShares Russell 1000 Value ETF during the 2nd quarter worth approximately $28,000. Eagle Bay Advisors LLC purchased a new position in iShares Russell 1000 Value ETF in the 3rd quarter worth approximately $32,000. Nemes Rush Group LLC grew its position in 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 valued at $33,000 after acquiring an additional 149 shares in the last quarter. Finally, Family Firm Inc. purchased a new stake in shares of iShares Russell 1000 Value ETF during the second quarter valued at approximately $37,000.

iShares Russell 1000 Value ETF Trading Up 0.2 %

NYSEARCA IWD opened at $199.79 on Friday. The stock has a market cap of $62.58 billion, a P/E ratio of 17.81 and a beta of 0.77. The company’s fifty day simple moving average is $192.15 and its 200-day simple moving average is $183.81. 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).