Robertson Stephens Wealth Management LLC Has $716,000 Stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Robertson Stephens Wealth Management LLC increased its position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 12.6% in the first quarter, according to its most recent 13F filing with the SEC. The firm owned 3,805 shares of the exchange traded fund’s stock after purchasing an additional 426 shares during the period. Robertson Stephens Wealth Management LLC’s holdings in iShares Russell 1000 Value ETF were worth $716,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Raymond James Financial Inc. acquired a new stake in shares of iShares Russell 1000 Value ETF in the fourth quarter worth $972,637,000. Bank of America Corp DE boosted its position in iShares Russell 1000 Value ETF by 9.5% during the 4th quarter. Bank of America Corp DE now owns 54,061,592 shares of the exchange traded fund’s stock worth $10,008,423,000 after acquiring an additional 4,699,792 shares during the period. GAMMA Investing LLC boosted its position in iShares Russell 1000 Value ETF by 19,297.5% during the 1st quarter. GAMMA Investing LLC now owns 2,586,071 shares of the exchange traded fund’s stock worth $486,595,000 after acquiring an additional 2,572,739 shares during the period. Wells Fargo & Company MN boosted its position in iShares Russell 1000 Value ETF by 36.6% during the 4th quarter. Wells Fargo & Company MN now owns 6,284,015 shares of the exchange traded fund’s stock worth $1,163,360,000 after acquiring an additional 1,683,297 shares during the period. Finally, Envestnet Asset Management Inc. boosted its position in iShares Russell 1000 Value ETF by 21.6% during the 4th quarter. Envestnet Asset Management Inc. now owns 7,877,198 shares of the exchange traded fund’s stock worth $1,458,306,000 after acquiring an additional 1,400,086 shares during the period.

iShares Russell 1000 Value ETF Stock Performance

Shares of IWD opened at $189.13 on Thursday. The company’s 50 day moving average price is $185.13 and its 200 day moving average price is $187.72. iShares Russell 1000 Value ETF has a 52 week low of $163.19 and a 52 week high of $200.42. The company has a market capitalization of $60.73 billion, a PE ratio of 19.08 and a beta of 0.90.

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).