Stephenson & Company Inc. Reduces Holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Stephenson & Company Inc. trimmed its holdings in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 10.8% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,876 shares of the exchange traded fund’s stock after selling 226 shares during the quarter. iShares Russell 1000 Value ETF makes up about 0.2% of Stephenson & Company Inc.’s investment portfolio, making the stock its 21st largest holding. Stephenson & Company Inc.’s holdings in iShares Russell 1000 Value ETF were worth $327,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in IWD. GLOBALT Investments LLC GA purchased a new position in iShares Russell 1000 Value ETF during the fourth quarter valued at $330,977,000. Envestnet Asset Management Inc. increased its position in iShares Russell 1000 Value ETF by 21.8% in the fourth quarter. Envestnet Asset Management Inc. now owns 7,166,594 shares of the exchange traded fund’s stock worth $1,184,280,000 after buying an additional 1,282,817 shares in the last quarter. Alaska Permanent Fund Corp raised its stake in shares of iShares Russell 1000 Value ETF by 85.8% in the first quarter. Alaska Permanent Fund Corp now owns 1,929,517 shares of the exchange traded fund’s stock worth $345,596,000 after buying an additional 890,764 shares during the period. Cresset Asset Management LLC lifted its position in shares of iShares Russell 1000 Value ETF by 218.0% during the 4th quarter. Cresset Asset Management LLC now owns 1,230,179 shares of the exchange traded fund’s stock valued at $203,287,000 after buying an additional 843,389 shares in the last quarter. Finally, Cetera Investment Advisers grew its stake in shares of iShares Russell 1000 Value ETF by 162.1% during the 1st quarter. Cetera Investment Advisers now owns 1,223,017 shares of the exchange traded fund’s stock valued at $219,055,000 after acquiring an additional 756,464 shares during the period.

iShares Russell 1000 Value ETF Trading Down 1.0 %

iShares Russell 1000 Value ETF stock opened at $182.60 on Friday. iShares Russell 1000 Value ETF has a 12-month low of $143.34 and a 12-month high of $188.47. The firm has a market capitalization of $57.20 billion, a price-to-earnings ratio of 17.81 and a beta of 0.77. The firm has a 50 day moving average of $180.48 and a 200 day moving average of $176.66.

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).