18,851 Shares in iShares Russell 1000 Value ETF (NYSEARCA:IWD) Purchased by Mainstream Capital Management LLC

Mainstream Capital Management LLC purchased a new stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) in the third quarter, Holdings Channel.com reports. The firm purchased 18,851 shares of the exchange traded fund’s stock, valued at approximately $3,578,000. iShares Russell 1000 Value ETF accounts for about 3.0% of Mainstream Capital Management LLC’s holdings, making the stock its 6th largest holding.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Empowered Funds LLC purchased a new position in shares of iShares Russell 1000 Value ETF during the first quarter valued at approximately $290,000. Empirical Financial Services LLC d.b.a. Empirical Wealth Management lifted its stake in iShares Russell 1000 Value ETF by 8.4% during the 1st quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 5,056 shares of the exchange traded fund’s stock valued at $906,000 after acquiring an additional 391 shares in the last quarter. Oppenheimer & Co. Inc. lifted its stake in iShares Russell 1000 Value ETF by 11.5% during the 1st quarter. Oppenheimer & Co. Inc. now owns 56,931 shares of the exchange traded fund’s stock valued at $10,197,000 after acquiring an additional 5,884 shares in the last quarter. PFG Advisors boosted its holdings in iShares Russell 1000 Value ETF by 15.1% during the 1st quarter. PFG Advisors now owns 6,447 shares of the exchange traded fund’s stock worth $1,155,000 after acquiring an additional 848 shares during the last quarter. Finally, LPF Advisors LLC bought a new stake in shares of iShares Russell 1000 Value ETF in the 1st quarter worth $226,000.

iShares Russell 1000 Value ETF Price Performance

Shares of IWD stock opened at $194.34 on Friday. The firm has a 50-day moving average of $188.77 and a 200-day moving average of $181.23. iShares Russell 1000 Value ETF has a one year low of $148.63 and a one year high of $195.16. The company has a market cap of $60.88 billion, a P/E ratio of 17.81 and a beta of 0.77.

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).