NBH Bank Invests $4.57 Million in iShares Russell 1000 Value ETF $IWD

NBH Bank bought a new position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) during the 2nd quarter, according to its most recent 13F filing with the SEC. The fund bought 18,845 shares of the exchange traded fund’s stock, valued at approximately $4,569,000. iShares Russell 1000 Value ETF comprises 1.9% of NBH Bank’s holdings, making the stock its 12th biggest position.

Several other hedge funds also recently added to or reduced their stakes in the business. Timbuktu Capital Management LLC acquired a new stake in iShares Russell 1000 Value ETF in the second quarter worth about $25,000. Markowski Investments acquired a new position in shares of iShares Russell 1000 Value ETF during the second quarter valued at about $28,000. C M Bidwell & Associates Ltd. purchased a new position in shares of iShares Russell 1000 Value ETF in the 2nd quarter valued at approximately $30,000. IFC & Insurance Marketing Inc. purchased a new position in shares of iShares Russell 1000 Value ETF in the 4th quarter valued at approximately $28,000. Finally, MBM Wealth Consultants LLC purchased a new position in shares of iShares Russell 1000 Value ETF in the 1st quarter valued at approximately $29,000. 84.93% of the stock is owned by institutional investors and hedge funds.

iShares Russell 1000 Value ETF Stock Down 0.7%

IWD stock opened at $257.63 on Friday. The stock has a market capitalization of $83.70 billion, a PE ratio of 18.83 and a beta of 0.83. iShares Russell 1000 Value ETF has a 52 week low of $199.40 and a 52 week high of $260.19. The firm has a 50 day moving average of $252.41 and a 200 day moving average of $236.42.

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.