Xponance Inc. Trims Stock Holdings in iShares Russell 1000 ETF (NYSEARCA:IWB)

Xponance Inc. reduced its holdings in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 1.0% in the fourth quarter, Holdings Channel.com reports. The fund owned 12,032 shares of the company’s stock after selling 123 shares during the quarter. Xponance Inc.’s holdings in iShares Russell 1000 ETF were worth $3,876,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Crews Bank & Trust purchased a new position in shares of iShares Russell 1000 ETF during the fourth quarter worth approximately $37,000. Golden State Wealth Management LLC purchased a new position in iShares Russell 1000 ETF during the 4th quarter worth $37,000. Centricity Wealth Management LLC bought a new stake in iShares Russell 1000 ETF during the 4th quarter valued at $39,000. Kestra Investment Management LLC purchased a new stake in shares of iShares Russell 1000 ETF in the 4th quarter worth $39,000. Finally, Roxbury Financial LLC bought a new position in shares of iShares Russell 1000 ETF during the 4th quarter worth $46,000.

iShares Russell 1000 ETF Price Performance

IWB stock opened at $309.75 on Friday. iShares Russell 1000 ETF has a 1-year low of $271.54 and a 1-year high of $337.76. The business has a 50-day moving average price of $325.31 and a 200 day moving average price of $322.13. The company has a market capitalization of $37.06 billion, a P/E ratio of 24.45 and a beta of 1.03.

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.