Robertson Stephens Wealth Management LLC Purchases 2,131 Shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Robertson Stephens Wealth Management LLC grew its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 170.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,379 shares of the exchange traded fund’s stock after purchasing an additional 2,131 shares during the period. Robertson Stephens Wealth Management LLC’s holdings in iShares Russell 1000 Value ETF were worth $626,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of IWD. Eagle Bay Advisors LLC bought a new stake in shares of iShares Russell 1000 Value ETF during the 3rd quarter valued at about $32,000. Hantz Financial Services Inc. bought a new stake in shares of iShares Russell 1000 Value ETF during the 4th quarter valued at about $35,000. Carmichael Hill & Associates Inc. boosted its stake in shares of iShares Russell 1000 Value ETF by 536.1% during the 3rd quarter. Carmichael Hill & Associates Inc. now owns 229 shares of the exchange traded fund’s stock valued at $43,000 after purchasing an additional 193 shares in the last quarter. Northwest Investment Counselors LLC bought a new stake in shares of iShares Russell 1000 Value ETF during the 3rd quarter valued at about $44,000. Finally, Howe & Rusling Inc. boosted its stake in shares of iShares Russell 1000 Value ETF by 144.1% during the 3rd quarter. Howe & Rusling Inc. now owns 249 shares of the exchange traded fund’s stock valued at $47,000 after purchasing an additional 147 shares in the last quarter.

iShares Russell 1000 Value ETF Trading Down 0.6 %

Shares of IWD opened at $193.25 on Friday. The firm’s 50-day moving average price is $190.52 and its 200-day moving average price is $188.66. The firm has a market capitalization of $60.54 billion, a price-to-earnings ratio of 17.81 and a beta of 0.77. iShares Russell 1000 Value ETF has a 1-year low of $164.34 and a 1-year high of $200.42.

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).