Stephens Inc. AR Grows Stock Position in iShares Russell 1000 Value ETF $IWD

Stephens Inc. AR raised its position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 0.8% during the 3rd quarter, Holdings Channel reports. The fund owned 628,770 shares of the exchange traded fund’s stock after purchasing an additional 4,850 shares during the period. iShares Russell 1000 Value ETF makes up approximately 1.6% of Stephens Inc. AR’s investment portfolio, making the stock its 9th biggest position. Stephens Inc. AR’s holdings in iShares Russell 1000 Value ETF were worth $128,011,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Ashton Thomas Securities LLC bought a new stake in iShares Russell 1000 Value ETF in the third quarter worth $4,661,000. Manning & Napier Advisors LLC purchased a new position in shares of iShares Russell 1000 Value ETF in the 3rd quarter worth $103,000. Q3 Asset Management purchased a new position in shares of iShares Russell 1000 Value ETF in the 3rd quarter worth $2,255,000. Eastern Bank increased its holdings in shares of iShares Russell 1000 Value ETF by 1.8% in the 3rd quarter. Eastern Bank now owns 33,152 shares of the exchange traded fund’s stock worth $6,749,000 after buying an additional 594 shares during the last quarter. Finally, Retirement Planning Group LLC purchased a new stake in shares of iShares Russell 1000 Value ETF during the 3rd quarter valued at about $534,000. 84.93% of the stock is currently owned by institutional investors.

iShares Russell 1000 Value ETF Trading Down 0.1%

IWD opened at $217.51 on Wednesday. The firm has a market cap of $70.93 billion, a P/E ratio of 18.83 and a beta of 0.89. iShares Russell 1000 Value ETF has a 12 month low of $163.19 and a 12 month high of $218.51. The stock has a 50-day moving average of $209.49 and a 200 day moving average of $203.54.

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.