Mission Wealth Management LP Sells 6,712 Shares of iShares Russell 1000 Value ETF $IWD

Mission Wealth Management LP decreased its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 2.9% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 228,418 shares of the exchange traded fund’s stock after selling 6,712 shares during the period. iShares Russell 1000 Value ETF accounts for approximately 0.9% of Mission Wealth Management LP’s holdings, making the stock its 17th biggest holding. Mission Wealth Management LP owned about 0.07% of iShares Russell 1000 Value ETF worth $46,504,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. lifted its holdings in iShares Russell 1000 Value ETF by 140.0% during the 2nd quarter. JPMorgan Chase & Co. now owns 9,153,000 shares of the exchange traded fund’s stock worth $1,777,787,000 after buying an additional 32,036,243 shares in the last quarter. Baird Financial Group Inc. lifted its stake in shares of iShares Russell 1000 Value ETF by 12.7% during the second quarter. Baird Financial Group Inc. now owns 5,275,282 shares of the exchange traded fund’s stock valued at $1,024,618,000 after acquiring an additional 593,784 shares during the period. Independence Asset Advisors LLC bought a new position in iShares Russell 1000 Value ETF in the second quarter valued at about $59,496,000. Thrivent Financial for Lutherans increased its position in iShares Russell 1000 Value ETF by 615.9% in the third quarter. Thrivent Financial for Lutherans now owns 291,173 shares of the exchange traded fund’s stock worth $59,280,000 after purchasing an additional 250,498 shares during the period. Finally, MJP Associates Inc. ADV acquired a new stake in iShares Russell 1000 Value ETF in the second quarter worth about $35,330,000. Institutional investors and hedge funds own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Trading Up 0.8%

iShares Russell 1000 Value ETF stock opened at $221.67 on Tuesday. The company has a market cap of $69.43 billion, a PE ratio of 18.83 and a beta of 0.89. iShares Russell 1000 Value ETF has a 1 year low of $163.19 and a 1 year high of $221.89. The company’s 50-day moving average is $213.70 and its two-hundred day moving average is $205.82.

iShares Russell 1000 Value ETF 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). 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.