Stephenson & Company Inc. Makes New Investment in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Stephenson & Company Inc. bought a new position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 2,254 shares of the exchange traded fund’s stock, valued at approximately $373,000. iShares Russell 1000 Value ETF comprises about 0.3% of Stephenson & Company Inc.’s portfolio, making the stock its 20th biggest holding.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Studio Investment Management LLC increased its stake in iShares Russell 1000 Value ETF by 115.0% during the fourth quarter. Studio Investment Management LLC now owns 172 shares of the exchange traded fund’s stock worth $26,000 after acquiring an additional 92 shares during the last quarter. Russell Investments Group Ltd. increased its stake in iShares Russell 1000 Value ETF by 565.4% during the second quarter. Russell Investments Group Ltd. now owns 173 shares of the exchange traded fund’s stock worth $27,000 after acquiring an additional 147 shares during the last quarter. Headinvest LLC acquired a new stake in iShares Russell 1000 Value ETF during the third quarter worth $29,000. Peachtree Investment Partners LLC increased its stake in iShares Russell 1000 Value ETF by 84.8% during the third quarter. Peachtree Investment Partners LLC now owns 194 shares of the exchange traded fund’s stock worth $30,000 after acquiring an additional 89 shares during the last quarter. Finally, BluePath Capital Management LLC acquired a new stake in shares of iShares Russell 1000 Value ETF in the third quarter valued at $36,000.

iShares Russell 1000 Value ETF Trading Up 0.6 %

IWD stock opened at $170.55 on Friday. The company has a market capitalization of $53.44 billion, a PE ratio of 17.74 and a beta of 0.80. iShares Russell 1000 Value ETF has a 12-month low of $143.34 and a 12-month high of $179.56. The business’s fifty day moving average price is $173.14 and its 200 day moving average price is $163.35.

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).