Mission Wealth Management LP Has $46.50 Million Stock Position in iShares Russell 1000 Value ETF $IWD

Mission Wealth Management LP reduced its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 2.9% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund 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 largest holding. Mission Wealth Management LP’s holdings in iShares Russell 1000 Value ETF were worth $46,504,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. JPMorgan Chase & Co. grew its position in shares of 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 during the period. Envestnet Asset Management Inc. grew its holdings in iShares Russell 1000 Value ETF by 0.9% during the second quarter. Envestnet Asset Management Inc. now owns 6,599,784 shares of the exchange traded fund’s stock valued at $1,281,871,000 after purchasing an additional 57,669 shares during the period. Baird Financial Group Inc. grew its holdings in 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 purchasing an additional 593,784 shares during the period. Raymond James Financial Inc. increased its stake in iShares Russell 1000 Value ETF by 1.6% in the second quarter. Raymond James Financial Inc. now owns 4,978,791 shares of the exchange traded fund’s stock valued at $967,031,000 after purchasing an additional 76,936 shares in the last quarter. Finally, M&T Bank Corp raised its holdings in iShares Russell 1000 Value ETF by 3.3% in the second quarter. M&T Bank Corp now owns 3,931,029 shares of the exchange traded fund’s stock worth $763,524,000 after purchasing an additional 126,874 shares during the period. Institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Stock Up 0.8%

Shares of NYSEARCA IWD opened at $221.67 on Tuesday. iShares Russell 1000 Value ETF has a twelve month low of $163.19 and a twelve month high of $221.89. The stock has a market cap of $69.43 billion, a price-to-earnings ratio of 18.83 and a beta of 0.89. The company’s fifty day moving average is $213.70 and its 200-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.