Miracle Mile Advisors LLC Reduces Position in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Miracle Mile Advisors LLC cut its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 20.1% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund 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 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in IWD. Partnership Wealth Management LLC purchased a new stake in shares of iShares Russell 1000 Value ETF during the fourth quarter valued at $28,000. Headinvest LLC acquired a new position in iShares Russell 1000 Value ETF during the third quarter valued at $29,000. CarsonAllaria Wealth Management Ltd. lifted its position in iShares Russell 1000 Value ETF by 84.4% during the fourth quarter. CarsonAllaria Wealth Management Ltd. now owns 177 shares of the exchange traded fund’s stock valued at $29,000 after purchasing an additional 81 shares during the period. Access Investment Management LLC acquired a new position in iShares Russell 1000 Value ETF during the fourth quarter valued at $30,000. Finally, HHM Wealth Advisors LLC lifted its position in iShares Russell 1000 Value ETF by 60.2% during the fourth quarter. HHM Wealth Advisors LLC now owns 189 shares of the exchange traded fund’s stock valued at $31,000 after purchasing an additional 71 shares during the period.

iShares Russell 1000 Value ETF Price Performance

NYSEARCA IWD opened at $173.36 on Tuesday. The company has a market capitalization of $54.31 billion, a PE ratio of 17.81 and a beta of 0.77. The company has a fifty day moving average of $175.13 and a 200 day moving average of $171.41. 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).