Mission Wealth Management LP Lowers Holdings in 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% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 221,880 shares of the exchange traded fund’s stock after selling 6,538 shares during the quarter. iShares Russell 1000 Value ETF comprises about 0.9% of Mission Wealth Management LP’s investment portfolio, making the stock its 17th biggest holding. Mission Wealth Management LP’s holdings in iShares Russell 1000 Value ETF were worth $46,670,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Reyes Financial Architecture Inc. purchased a new position in iShares Russell 1000 Value ETF during the fourth quarter valued at $25,000. Holos Integrated Wealth LLC purchased a new position in iShares Russell 1000 Value ETF during the fourth quarter valued at $31,000. Grand Wealth Management LLC purchased a new position in iShares Russell 1000 Value ETF during the fourth quarter valued at $31,000. Eagle Bay Advisors LLC purchased a new position in iShares Russell 1000 Value ETF during the fourth quarter valued at $36,000. Finally, Key Capital Management INC purchased a new position in iShares Russell 1000 Value ETF during the fourth quarter valued at $40,000. Hedge funds and other institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Stock Performance

Shares of NYSEARCA:IWD opened at $232.18 on Monday. The stock has a fifty day simple moving average of $222.09 and a two-hundred day simple moving average of $216.88. The stock has a market capitalization of $74.58 billion, a price-to-earnings ratio of 18.83 and a beta of 0.84. iShares Russell 1000 Value ETF has a 12-month low of $184.69 and a 12-month high of $236.01.

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.