Linscomb Wealth Inc. Sells 251 Shares of iShares Russell 1000 ETF (NYSEARCA:IWB)

Linscomb Wealth Inc. lowered its stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 1.5% during the fourth quarter, Holdings Channel reports. The fund owned 16,925 shares of the company’s stock after selling 251 shares during the period. Linscomb Wealth Inc.’s holdings in iShares Russell 1000 ETF were worth $5,453,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. QRG Capital Management Inc. boosted its position in iShares Russell 1000 ETF by 661.8% in the 4th quarter. QRG Capital Management Inc. now owns 21,391 shares of the company’s stock valued at $6,891,000 after buying an additional 18,583 shares during the last quarter. Proficio Capital Partners LLC raised its position in shares of iShares Russell 1000 ETF by 32,116.0% during the fourth quarter. Proficio Capital Partners LLC now owns 480,018 shares of the company’s stock worth $154,643,000 after acquiring an additional 478,528 shares during the last quarter. Oppenheimer & Co. Inc. lifted its stake in shares of iShares Russell 1000 ETF by 1.6% during the fourth quarter. Oppenheimer & Co. Inc. now owns 3,957 shares of the company’s stock valued at $1,275,000 after acquiring an additional 63 shares during the period. Kovack Advisors Inc. boosted its holdings in iShares Russell 1000 ETF by 0.8% in the fourth quarter. Kovack Advisors Inc. now owns 7,942 shares of the company’s stock valued at $2,559,000 after acquiring an additional 60 shares during the last quarter. Finally, MKD Wealth Coaches LLC acquired a new stake in iShares Russell 1000 ETF in the fourth quarter worth about $3,664,000.

iShares Russell 1000 ETF Trading Down 1.5 %

iShares Russell 1000 ETF stock opened at $321.39 on Friday. iShares Russell 1000 ETF has a 1 year low of $271.54 and a 1 year high of $337.76. The company has a market cap of $38.15 billion, a PE ratio of 26.23 and a beta of 1.03. The company’s 50-day moving average is $329.37 and its two-hundred day moving average is $321.28.

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.