Prosperity Wealth Management Inc. Sells 51 Shares of iShares Russell 1000 ETF (NYSEARCA:IWB)

Prosperity Wealth Management Inc. reduced its stake in iShares Russell 1000 ETF (NYSEARCA:IWB) by 2.5% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,026 shares of the company’s stock after selling 51 shares during the period. Prosperity Wealth Management Inc.’s holdings in iShares Russell 1000 ETF were worth $653,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in IWB. Thurston Springer Miller Herd & Titak Inc. bought a new position in iShares Russell 1000 ETF during the fourth quarter worth about $51,000. Windsor Capital Management LLC raised its position in shares of iShares Russell 1000 ETF by 5.9% in the fourth quarter. Windsor Capital Management LLC now owns 699 shares of the company’s stock valued at $225,000 after buying an additional 39 shares in the last quarter. Broadview Financial Management LLC raised its position in shares of iShares Russell 1000 ETF by 18.6% in the third quarter. Broadview Financial Management LLC now owns 8,391 shares of the company’s stock valued at $2,638,000 after buying an additional 1,314 shares in the last quarter. Csenge Advisory Group raised its position in iShares Russell 1000 ETF by 4.6% during the fourth quarter. Csenge Advisory Group now owns 18,215 shares of the company’s stock valued at $5,868,000 after purchasing an additional 794 shares in the last quarter. Finally, Financial Life Planners acquired a new position in iShares Russell 1000 ETF during the fourth quarter valued at approximately $122,000.

iShares Russell 1000 ETF Stock Performance

Shares of NYSEARCA:IWB opened at $305.02 on Wednesday. The company has a fifty day moving average of $327.58 and a 200-day moving average of $322.30. The company has a market capitalization of $36.21 billion, a PE ratio of 26.23 and a beta of 1.03. iShares Russell 1000 ETF has a 52-week low of $271.54 and a 52-week high of $337.76.

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.