Miracle Mile Advisors LLC Sells 928 Shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Miracle Mile Advisors LLC cut its holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 20.1% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,694 shares of the exchange traded fund’s stock after selling 928 shares during the quarter. Miracle Mile Advisors LLC’s holdings in iShares Russell 1000 Value ETF were worth $662,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Benchmark Financial Wealth Advisors LLC lifted its holdings in shares of iShares Russell 1000 Value ETF by 2.0% during the 4th quarter. Benchmark Financial Wealth Advisors LLC now owns 3,653 shares of the exchange traded fund’s stock valued at $604,000 after buying an additional 71 shares during the period. Harvest Fund Management Co. Ltd lifted its holdings in shares of iShares Russell 1000 Value ETF by 5,631.8% during the 4th quarter. Harvest Fund Management Co. Ltd now owns 2,522 shares of the exchange traded fund’s stock valued at $417,000 after buying an additional 2,478 shares during the period. Stillwater Capital Advisors LLC lifted its holdings in shares of iShares Russell 1000 Value ETF by 16.5% during the 4th quarter. Stillwater Capital Advisors LLC now owns 17,946 shares of the exchange traded fund’s stock valued at $2,966,000 after buying an additional 2,542 shares during the period. Western Pacific Wealth Management LP bought a new position in shares of iShares Russell 1000 Value ETF during the 4th quarter valued at $167,000. Finally, Dixon Fnancial Services Inc. lifted its holdings in shares of iShares Russell 1000 Value ETF by 27.4% during the 4th quarter. Dixon Fnancial Services Inc. now owns 13,010 shares of the exchange traded fund’s stock valued at $2,150,000 after buying an additional 2,800 shares during the period.

iShares Russell 1000 Value ETF Price Performance

NYSEARCA IWD opened at $173.36 on Tuesday. The business’s fifty day moving average price is $175.13 and its 200-day moving average price is $171.41. The stock has a market capitalization of $54.31 billion, a price-to-earnings ratio of 17.81 and a beta of 0.77. iShares Russell 1000 Value ETF has a 1-year low of $143.34 and a 1-year high of $179.56.

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).