Mainstream Capital Management LLC Sells 165 Shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Mainstream Capital Management LLC cut its position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 0.9% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 18,686 shares of the exchange traded fund’s stock after selling 165 shares during the period. iShares Russell 1000 Value ETF makes up 2.4% of Mainstream Capital Management LLC’s holdings, making the stock its 8th largest position. Mainstream Capital Management LLC’s holdings in iShares Russell 1000 Value ETF were worth $3,459,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Peterson Wealth Services purchased a new position in iShares Russell 1000 Value ETF during the fourth quarter worth approximately $32,000. Halbert Hargrove Global Advisors LLC purchased a new stake in iShares Russell 1000 Value ETF in the fourth quarter valued at $32,000. Hantz Financial Services Inc. acquired a new stake in shares of iShares Russell 1000 Value ETF in the fourth quarter valued at $35,000. Carmichael Hill & Associates Inc. grew its stake in shares of iShares Russell 1000 Value ETF by 536.1% in the third quarter. Carmichael Hill & Associates Inc. now owns 229 shares of the exchange traded fund’s stock valued at $43,000 after buying an additional 193 shares in the last quarter. Finally, Centricity Wealth Management LLC acquired a new stake in shares of iShares Russell 1000 Value ETF in the fourth quarter valued at $46,000.

iShares Russell 1000 Value ETF Price Performance

IWD opened at $192.46 on Tuesday. iShares Russell 1000 Value ETF has a 12 month low of $168.85 and a 12 month high of $200.42. The stock has a market capitalization of $61.90 billion, a price-to-earnings ratio of 19.81 and a beta of 0.98. The business has a fifty day moving average price of $191.00 and a 200 day moving average price of $190.52.

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).