Mendota Financial Group LLC Reduces Stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Mendota Financial Group LLC cut its holdings in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 48.3% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 164 shares of the exchange traded fund’s stock after selling 153 shares during the quarter. Mendota Financial Group LLC’s holdings in iShares Russell 1000 Value ETF were worth $30,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Christensen King & Associates Investment Services Inc. raised its stake in shares of iShares Russell 1000 Value ETF by 9.5% during the 4th quarter. Christensen King & Associates Investment Services Inc. now owns 1,339 shares of the exchange traded fund’s stock valued at $251,000 after buying an additional 116 shares during the last quarter. TPG Financial Advisors LLC grew its holdings in iShares Russell 1000 Value ETF by 2.1% during the fourth quarter. TPG Financial Advisors LLC now owns 24,044 shares of the exchange traded fund’s stock worth $4,451,000 after acquiring an additional 505 shares during the period. Marcum Wealth LLC grew its holdings in iShares Russell 1000 Value ETF by 8.8% during the fourth quarter. Marcum Wealth LLC now owns 7,467 shares of the exchange traded fund’s stock worth $1,382,000 after acquiring an additional 607 shares during the period. Ellenbecker Investment Group lifted its holdings in iShares Russell 1000 Value ETF by 126.8% in the fourth quarter. Ellenbecker Investment Group now owns 69,747 shares of the exchange traded fund’s stock valued at $12,912,000 after acquiring an additional 38,988 shares during the period. Finally, BCS Wealth Management purchased a new stake in iShares Russell 1000 Value ETF in the 4th quarter worth approximately $217,000.

iShares Russell 1000 Value ETF Price Performance

Shares of NYSEARCA IWD opened at $186.82 on Wednesday. The stock has a market capitalization of $58.52 billion, a price-to-earnings ratio of 17.81 and a beta of 0.77. The firm’s 50 day simple moving average is $191.52 and its 200-day simple moving average is $186.91. iShares Russell 1000 Value ETF has a 12 month low of $160.98 and a 12 month high of $200.42.

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).