Avestar Capital LLC Sells 1,967 Shares of iShares Russell 1000 ETF (NYSEARCA:IWB)

Avestar Capital LLC reduced its stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 7.9% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 23,054 shares of the company’s stock after selling 1,967 shares during the period. iShares Russell 1000 ETF accounts for approximately 0.7% of Avestar Capital LLC’s investment portfolio, making the stock its 28th biggest position. Avestar Capital LLC’s holdings in iShares Russell 1000 ETF were worth $7,248,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. LPL Financial LLC increased its position in shares of iShares Russell 1000 ETF by 2.2% during the 3rd quarter. LPL Financial LLC now owns 2,394,007 shares of the company’s stock valued at $752,652,000 after purchasing an additional 52,616 shares during the last quarter. Catalyst Capital Advisors LLC increased its position in shares of iShares Russell 1000 ETF by 5.1% in the second quarter. Catalyst Capital Advisors LLC now owns 1,626,142 shares of the company’s stock worth $483,842,000 after purchasing an additional 78,422 shares during the last quarter. Johnson Investment Counsel Inc. boosted its holdings in shares of iShares Russell 1000 ETF by 2.3% in the 2nd quarter. Johnson Investment Counsel Inc. now owns 1,279,068 shares of the company’s stock worth $380,574,000 after purchasing an additional 28,333 shares in the last quarter. BOKF NA grew its holdings in shares of iShares Russell 1000 ETF by 8.9% during the 2nd quarter. BOKF NA now owns 1,260,585 shares of the company’s stock valued at $375,074,000 after purchasing an additional 102,898 shares during the last quarter. Finally, Pathstone Holdings LLC lifted its stake in shares of iShares Russell 1000 ETF by 0.4% in the 3rd quarter. Pathstone Holdings LLC now owns 1,147,674 shares of the company’s stock valued at $360,544,000 after acquiring an additional 4,412 shares during the last quarter.

iShares Russell 1000 ETF Price Performance

NYSEARCA IWB opened at $330.29 on Tuesday. The stock has a market capitalization of $40.54 billion, a PE ratio of 24.68 and a beta of 1.01. The business’s 50-day moving average is $318.52 and its 200 day moving average is $305.17. iShares Russell 1000 ETF has a 1 year low of $248.88 and a 1 year high of $332.02.

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.