Stephens Inc. AR Has $124.59 Million Stake in iShares Russell 1000 Value ETF $IWD

Stephens Inc. AR lessened its holdings in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 6.1% during the first quarter, Holdings Channel.com reports. The institutional investor owned 582,984 shares of the exchange traded fund’s stock after selling 38,177 shares during the quarter. iShares Russell 1000 Value ETF accounts for approximately 1.6% of Stephens Inc. AR’s portfolio, making the stock its 10th largest position. Stephens Inc. AR’s holdings in iShares Russell 1000 Value ETF were worth $124,586,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of IWD. Howe & Rusling Inc. boosted its stake in shares of iShares Russell 1000 Value ETF by 13.9% during the 1st quarter. Howe & Rusling Inc. now owns 1,495 shares of the exchange traded fund’s stock worth $319,000 after acquiring an additional 182 shares during the period. Koshinski Asset Management Inc. raised its stake in iShares Russell 1000 Value ETF by 33.0% in the 1st quarter. Koshinski Asset Management Inc. now owns 2,560 shares of the exchange traded fund’s stock valued at $547,000 after acquiring an additional 635 shares during the period. Latitude Advisors LLC acquired a new stake in iShares Russell 1000 Value ETF during the 1st quarter valued at $254,000. Meramec Financial Planners LLC lifted its holdings in iShares Russell 1000 Value ETF by 6.3% during the 1st quarter. Meramec Financial Planners LLC now owns 60,475 shares of the exchange traded fund’s stock valued at $13,745,000 after purchasing an additional 3,590 shares during the last quarter. Finally, Wealthstar Advisors LLC acquired a new stake in iShares Russell 1000 Value ETF during the 1st quarter valued at $215,000. Institutional investors and hedge funds own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Price Performance

IWD stock opened at $246.81 on Monday. iShares Russell 1000 Value ETF has a one year low of $191.64 and a one year high of $246.94. The stock has a market cap of $80.94 billion, a price-to-earnings ratio of 18.83 and a beta of 0.84. The company has a fifty day moving average price of $237.24 and a two-hundred day moving average price of $225.04.

iShares Russell 1000 Value ETF 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.