iShares Russell 1000 ETF (NYSEARCA:IWB) Shares Sold by NewEdge Wealth LLC

NewEdge Wealth LLC trimmed its holdings in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 1.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 4,650 shares of the company’s stock after selling 57 shares during the quarter. NewEdge Wealth LLC’s holdings in iShares Russell 1000 ETF were worth $1,498,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Clarkston Capital Partners LLC acquired a new stake in shares of iShares Russell 1000 ETF during the third quarter valued at about $32,000. Golden State Wealth Management LLC purchased a new position in shares of iShares Russell 1000 ETF during the 4th quarter worth approximately $37,000. Crews Bank & Trust acquired a new stake in iShares Russell 1000 ETF in the 4th quarter valued at approximately $37,000. Archer Investment Corp purchased a new stake in iShares Russell 1000 ETF in the third quarter valued at approximately $37,000. Finally, Centricity Wealth Management LLC acquired a new position in iShares Russell 1000 ETF during the fourth quarter worth $39,000.

iShares Russell 1000 ETF Trading Up 1.6 %

Shares of NYSEARCA IWB opened at $326.39 on Friday. The stock has a market capitalization of $38.74 billion, a PE ratio of 26.23 and a beta of 1.03. iShares Russell 1000 ETF has a twelve month low of $271.54 and a twelve month high of $337.76. The stock has a fifty day simple moving average of $329.40 and a 200-day simple moving average of $321.69.

iShares Russell 1000 ETF 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.