Cornerstone Wealth Management LLC lessened its position in iShares Trust (NYSEARCA:HDV) by 29.8% in the fourth quarter, HoldingsChannel.com reports. The firm owned 15,152 shares of the exchange traded fund’s stock after selling 6,446 shares during the quarter. Cornerstone Wealth Management LLC’s holdings in iShares Trust were worth $1,378,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Signature Estate & Investment Advisors LLC purchased a new position in shares of iShares Trust in the 4th quarter valued at approximately $106,000. Steward Partners Investment Advisory LLC purchased a new position in shares of iShares Trust in the 3rd quarter valued at approximately $173,000. NewFocus Financial Group LLC purchased a new position in shares of iShares Trust in the 3rd quarter valued at approximately $202,000. Benchmark Capital Advisors purchased a new position in shares of iShares Trust in the 3rd quarter valued at approximately $206,000. Finally, Carmichael Hill & Associates Inc. purchased a new position in shares of iShares Trust in the 4th quarter valued at approximately $207,000.
iShares Trust (HDV) opened at $86.63 on Wednesday. iShares Trust has a one year low of $82.07 and a one year high of $94.20.
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