iShares Russell 1000 ETF (NYSEARCA:IWB) Shares Sold by McNamara Financial Services Inc.

McNamara Financial Services Inc. reduced its stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 6.1% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 7,429 shares of the company’s stock after selling 483 shares during the quarter. iShares Russell 1000 ETF accounts for approximately 0.6% of McNamara Financial Services Inc.’s holdings, making the stock its 18th largest holding. McNamara Financial Services Inc.’s holdings in iShares Russell 1000 ETF were worth $2,393,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Sound Income Strategies LLC grew its position in iShares Russell 1000 ETF by 239.3% in the third quarter. Sound Income Strategies LLC now owns 95 shares of the company’s stock valued at $30,000 after acquiring an additional 67 shares in the last quarter. Winch Advisory Services LLC acquired a new stake in iShares Russell 1000 ETF during the 3rd quarter valued at $30,000. Clarkston Capital Partners LLC acquired a new stake in iShares Russell 1000 ETF during the 3rd quarter valued at $32,000. Crews Bank & Trust purchased a new stake in iShares Russell 1000 ETF during the 4th quarter worth $37,000. Finally, Archer Investment Corp acquired a new position in iShares Russell 1000 ETF in the 3rd quarter worth $37,000.

iShares Russell 1000 ETF Price Performance

Shares of iShares Russell 1000 ETF stock opened at $332.16 on Monday. iShares Russell 1000 ETF has a 1-year low of $265.70 and a 1-year high of $336.61. The company has a market capitalization of $40.77 billion, a PE ratio of 24.68 and a beta of 1.01. The business has a 50-day moving average of $329.23 and a 200-day moving average of $316.74.

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.