MA Private Wealth lowered its position in iShares Russell 1000 ETF (NYSEARCA:IWB – Free Report) by 48.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,444 shares of the company’s stock after selling 1,334 shares during the quarter. MA Private Wealth’s holdings in iShares Russell 1000 ETF were worth $539,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also made changes to their positions in IWB. First Command Advisory Services Inc. acquired a new stake in iShares Russell 1000 ETF in the 3rd quarter valued at about $31,000. True Wealth Design LLC acquired a new position in iShares Russell 1000 ETF during the fourth quarter worth about $32,000. Optima Capital LLC purchased a new stake in shares of iShares Russell 1000 ETF in the fourth quarter valued at about $32,000. Absher Wealth Management LLC purchased a new stake in shares of iShares Russell 1000 ETF in the third quarter valued at about $33,000. Finally, Allspring Global Investments Holdings LLC grew its position in shares of iShares Russell 1000 ETF by 78.5% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 116 shares of the company’s stock valued at $43,000 after purchasing an additional 51 shares during the last quarter.
iShares Russell 1000 ETF Price Performance
Shares of IWB opened at $400.98 on Thursday. The firm has a 50 day simple moving average of $372.84 and a 200-day simple moving average of $373.62. iShares Russell 1000 ETF has a 1-year low of $305.56 and a 1-year high of $401.33. The stock has a market cap of $47.18 billion, a price-to-earnings ratio of 24.71 and a beta of 1.00.
iShares Russell 1000 ETF Company Profile
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.
Further Reading
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