O Brien Wealth Partners LLC Reduces Position in iShares Russell 1000 ETF (NYSEARCA:IWB)

O Brien Wealth Partners LLC lessened its position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 4.2% during the first quarter, HoldingsChannel reports. The institutional investor owned 1,574 shares of the company’s stock after selling 69 shares during the quarter. iShares Russell 1000 ETF accounts for about 0.1% of O Brien Wealth Partners LLC’s holdings, making the stock its 29th biggest position. O Brien Wealth Partners LLC’s holdings in iShares Russell 1000 ETF were worth $453,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Waterloo Capital L.P. purchased a new position in iShares Russell 1000 ETF during the fourth quarter worth $4,471,000. Truist Financial Corp grew its position in shares of iShares Russell 1000 ETF by 16.7% in the fourth quarter. Truist Financial Corp now owns 474,134 shares of the company’s stock valued at $124,347,000 after purchasing an additional 67,861 shares during the period. Envestnet Asset Management Inc. grew its position in shares of iShares Russell 1000 ETF by 3.4% in the fourth quarter. Envestnet Asset Management Inc. now owns 4,512,821 shares of the company’s stock valued at $1,183,533,000 after purchasing an additional 146,971 shares during the period. Advance Capital Management Inc. grew its position in shares of iShares Russell 1000 ETF by 3.8% in the fourth quarter. Advance Capital Management Inc. now owns 35,540 shares of the company’s stock valued at $9,321,000 after purchasing an additional 1,285 shares during the period. Finally, Arbor Wealth Advisors LLC purchased a new stake in shares of iShares Russell 1000 ETF in the fourth quarter valued at $442,000.

iShares Russell 1000 ETF Stock Up 0.1 %

Shares of NYSEARCA:IWB traded up $0.28 during midday trading on Monday, reaching $297.82. The company’s stock had a trading volume of 411,591 shares, compared to its average volume of 812,562. The firm has a market cap of $36.56 billion, a price-to-earnings ratio of 24.68 and a beta of 1.01. iShares Russell 1000 ETF has a 1 year low of $224.41 and a 1 year high of $300.83. The business has a 50 day moving average price of $289.10 and a 200 day moving average price of $279.02.

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.