iShares Russell 1000 ETF (NYSEARCA:IWB) Shares Sold by HFG Advisors Inc.

HFG Advisors Inc. cut its position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 32.4% in the 1st quarter, HoldingsChannel.com reports. The fund owned 12,018 shares of the company’s stock after selling 5,754 shares during the period. iShares Russell 1000 ETF comprises about 3.1% of HFG Advisors Inc.’s holdings, making the stock its 7th largest position. HFG Advisors Inc.’s holdings in iShares Russell 1000 ETF were worth $3,461,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. O Shaughnessy Asset Management LLC grew its stake in shares of iShares Russell 1000 ETF by 0.5% in the third quarter. O Shaughnessy Asset Management LLC now owns 8,838 shares of the company’s stock valued at $2,076,000 after buying an additional 44 shares in the last quarter. Trexquant Investment LP grew its stake in shares of iShares Russell 1000 ETF by 98.0% in the third quarter. Trexquant Investment LP now owns 8,572 shares of the company’s stock valued at $2,014,000 after buying an additional 4,242 shares in the last quarter. Synovus Financial Corp grew its stake in shares of iShares Russell 1000 ETF by 6.5% in the third quarter. Synovus Financial Corp now owns 3,264 shares of the company’s stock valued at $767,000 after buying an additional 198 shares in the last quarter. Truist Financial Corp grew its stake in shares of iShares Russell 1000 ETF by 0.3% in the third quarter. Truist Financial Corp now owns 406,273 shares of the company’s stock valued at $95,438,000 after buying an additional 1,120 shares in the last quarter. Finally, Axxcess Wealth Management LLC grew its stake in shares of iShares Russell 1000 ETF by 308.8% in the third quarter. Axxcess Wealth Management LLC now owns 3,622 shares of the company’s stock valued at $851,000 after buying an additional 2,736 shares in the last quarter.

iShares Russell 1000 ETF Stock Performance

Shares of IWB stock traded up $0.49 during trading hours on Monday, reaching $298.03. The company had a trading volume of 378,638 shares, compared to its average volume of 812,378. iShares Russell 1000 ETF has a twelve month low of $224.41 and a twelve month high of $300.83. The company has a market capitalization of $36.58 billion, a P/E ratio of 24.68 and a beta of 1.01. The stock’s fifty day simple moving average is $289.10 and its 200 day simple moving average is $279.02.

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.