Mission Wealth Management LP Lowers Position in iShares Russell 1000 Value ETF $IWD

Mission Wealth Management LP lessened its position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 2.9% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 221,880 shares of the exchange traded fund’s stock after selling 6,538 shares during the quarter. iShares Russell 1000 Value ETF makes up about 0.9% of Mission Wealth Management LP’s investment portfolio, making the stock its 17th largest holding. Mission Wealth Management LP owned about 0.07% of iShares Russell 1000 Value ETF worth $46,670,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in IWD. Confluence Investment Management LLC lifted its stake in shares of iShares Russell 1000 Value ETF by 2,904.9% in the 4th quarter. Confluence Investment Management LLC now owns 568,609 shares of the exchange traded fund’s stock valued at $119,601,000 after purchasing an additional 549,686 shares during the period. Tcfg Wealth Management LLC lifted its stake in shares of iShares Russell 1000 Value ETF by 12,109.1% in the 3rd quarter. Tcfg Wealth Management LLC now owns 321,587 shares of the exchange traded fund’s stock valued at $65,472,000 after purchasing an additional 318,953 shares during the period. Allworth Financial LP lifted its stake in shares of iShares Russell 1000 Value ETF by 604.9% in the 4th quarter. Allworth Financial LP now owns 320,484 shares of the exchange traded fund’s stock valued at $67,411,000 after purchasing an additional 275,022 shares during the period. SMI Advisory Services LLC purchased a new position in shares of iShares Russell 1000 Value ETF in the 4th quarter valued at approximately $55,463,000. Finally, Thrivent Financial for Lutherans lifted its stake in shares of iShares Russell 1000 Value ETF by 615.9% in the 3rd quarter. Thrivent Financial for Lutherans now owns 291,173 shares of the exchange traded fund’s stock valued at $59,280,000 after purchasing an additional 250,498 shares during the period. Hedge funds and other institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Price Performance

IWD opened at $232.18 on Monday. The stock has a market cap of $74.58 billion, a PE ratio of 18.83 and a beta of 0.84. The business has a 50 day moving average of $222.09 and a 200-day moving average of $216.88. iShares Russell 1000 Value ETF has a 52 week low of $184.69 and a 52 week high of $236.01.

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). The Index represents approximately 50% of the total market capitalization of the Russell 1000 Index. The Index measures the large-capital value sector of the United States equity market.