Stephens Group Asset Management LLC Boosts Stock Position in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Stephens Group Asset Management LLC grew its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 7.3% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 392,301 shares of the exchange traded fund’s stock after purchasing an additional 26,764 shares during the quarter. iShares Russell 1000 Value ETF makes up about 6.0% of Stephens Group Asset Management LLC’s holdings, making the stock its 8th largest position. Stephens Group Asset Management LLC owned approximately 0.12% of iShares Russell 1000 Value ETF worth $73,815,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently modified their holdings of the stock. Zhang Financial LLC lifted its holdings in shares of iShares Russell 1000 Value ETF by 41.4% in the first quarter. Zhang Financial LLC now owns 2,813 shares of the exchange traded fund’s stock valued at $529,000 after purchasing an additional 823 shares in the last quarter. Focus Financial Network Inc. lifted its holdings in iShares Russell 1000 Value ETF by 83.5% during the first quarter. Focus Financial Network Inc. now owns 11,766 shares of the exchange traded fund’s stock worth $2,214,000 after acquiring an additional 5,353 shares during the period. Ellenbecker Investment Group lifted its holdings in iShares Russell 1000 Value ETF by 46.8% during the first quarter. Ellenbecker Investment Group now owns 102,355 shares of the exchange traded fund’s stock worth $19,259,000 after acquiring an additional 32,608 shares during the period. CX Institutional lifted its holdings in iShares Russell 1000 Value ETF by 16.3% during the first quarter. CX Institutional now owns 225,186 shares of the exchange traded fund’s stock worth $42,371,000 after acquiring an additional 31,560 shares during the period. Finally, MV Capital Management Inc. lifted its holdings in iShares Russell 1000 Value ETF by 1.1% during the first quarter. MV Capital Management Inc. now owns 384,195 shares of the exchange traded fund’s stock worth $72,290,000 after acquiring an additional 4,207 shares during the period.

iShares Russell 1000 Value ETF Trading Down 0.1%

Shares of iShares Russell 1000 Value ETF stock opened at $191.30 on Thursday. The business’s fifty day simple moving average is $183.34 and its 200 day simple moving average is $188.04. The firm has a market capitalization of $61.43 billion, a P/E ratio of 19.08 and a beta of 0.90. iShares Russell 1000 Value ETF has a 12 month low of $163.19 and a 12 month 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).