iShares Russell 1000 ETF (NYSEARCA:IWB) Stock Holdings Lessened by HBC Financial Services PLLC

HBC Financial Services PLLC cut its stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 3.2% in the 4th quarter, Holdings Channel reports. The fund owned 152,745 shares of the company’s stock after selling 5,126 shares during the quarter. iShares Russell 1000 ETF accounts for approximately 30.2% of HBC Financial Services PLLC’s portfolio, making the stock its biggest position. HBC Financial Services PLLC’s holdings in iShares Russell 1000 ETF were worth $49,208,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Renaissance Technologies LLC acquired a new stake in shares of iShares Russell 1000 ETF during the second quarter worth $6,219,000. XTX Topco Ltd acquired a new stake in shares of iShares Russell 1000 ETF in the 2nd quarter worth $303,000. Benjamin F. Edwards & Company Inc. boosted its holdings in shares of iShares Russell 1000 ETF by 85.2% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 6,958 shares of the company’s stock valued at $2,070,000 after acquiring an additional 3,201 shares in the last quarter. AE Wealth Management LLC increased its stake in shares of iShares Russell 1000 ETF by 23.1% during the second quarter. AE Wealth Management LLC now owns 3,621 shares of the company’s stock worth $1,077,000 after acquiring an additional 679 shares during the period. Finally, Certified Advisory Corp purchased a new position in iShares Russell 1000 ETF during the second quarter worth about $1,443,000.

iShares Russell 1000 ETF Trading Up 1.0 %

Shares of IWB opened at $329.39 on Tuesday. The stock’s 50 day moving average is $328.00 and its two-hundred day moving average is $314.78. iShares Russell 1000 ETF has a twelve month low of $260.02 and a twelve month high of $336.18. The firm has a market capitalization of $40.43 billion, a PE ratio of 24.68 and a beta of 1.01.

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.