iShares Russell 1000 ETF (NYSEARCA:IWB) Shares Sold by Private Advisor Group LLC

Private Advisor Group LLC lowered its stake in iShares Russell 1000 ETF (NYSEARCA:IWB) by 4.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 40,738 shares of the company’s stock after selling 1,731 shares during the period. Private Advisor Group LLC’s holdings in iShares Russell 1000 ETF were worth $12,808,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Cypress Wealth Services LLC increased its holdings in iShares Russell 1000 ETF by 0.7% in the 3rd quarter. Cypress Wealth Services LLC now owns 4,960 shares of the company’s stock worth $1,559,000 after buying an additional 33 shares during the period. WealthPLAN Partners LLC increased its stake in shares of iShares Russell 1000 ETF by 2.1% in the second quarter. WealthPLAN Partners LLC now owns 1,703 shares of the company’s stock worth $507,000 after acquiring an additional 35 shares during the period. Evensky & Katz LLC raised its holdings in shares of iShares Russell 1000 ETF by 0.3% during the third quarter. Evensky & Katz LLC now owns 10,201 shares of the company’s stock worth $3,207,000 after purchasing an additional 35 shares during the last quarter. Allspring Global Investments Holdings LLC lifted its position in iShares Russell 1000 ETF by 23.3% during the third quarter. Allspring Global Investments Holdings LLC now owns 196 shares of the company’s stock valued at $62,000 after purchasing an additional 37 shares during the period. Finally, Sunbelt Securities Inc. boosted its holdings in iShares Russell 1000 ETF by 2.3% in the second quarter. Sunbelt Securities Inc. now owns 1,659 shares of the company’s stock valued at $493,000 after purchasing an additional 38 shares during the last quarter.

iShares Russell 1000 ETF Stock Performance

NYSEARCA IWB opened at $317.63 on Friday. The firm has a market capitalization of $38.99 billion, a P/E ratio of 24.68 and a beta of 1.01. The stock has a 50-day simple moving average of $310.21 and a two-hundred day simple moving average of $298.05. iShares Russell 1000 ETF has a fifty-two week low of $224.41 and a fifty-two week high of $321.24.

About iShares Russell 1000 ETF

iShares Russell 1000 ETF (the Fund), formerly iShares Russell 1000 Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the Russell 1000 Index (the Index). The Index is a float-adjusted capitalization weighted index that measures the performance of the large-capitalization sector of the United States equity market and includes securities issued by the approximately 1,000 largest issuers in the Russell 3000 Index.