Stratos Wealth Advisors LLC Reduces Position in iShares Russell 1000 ETF (NYSEARCA:IWB)

Stratos Wealth Advisors LLC reduced its position in iShares Russell 1000 ETF (NYSEARCA:IWB) by 2.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 7,852 shares of the company’s stock after selling 194 shares during the quarter. Stratos Wealth Advisors LLC’s holdings in iShares Russell 1000 ETF were worth $2,530,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in IWB. Cypress Wealth Services LLC grew its holdings in shares of iShares Russell 1000 ETF by 0.7% in the third quarter. Cypress Wealth Services LLC now owns 4,960 shares of the company’s stock worth $1,559,000 after purchasing an additional 33 shares during the last quarter. Traynor Capital Management Inc. grew its stake in iShares Russell 1000 ETF by 4.1% in the 4th quarter. Traynor Capital Management Inc. now owns 862 shares of the company’s stock worth $278,000 after acquiring an additional 34 shares in the last quarter. Evensky & Katz LLC increased its position in shares of iShares Russell 1000 ETF by 0.3% during the third quarter. Evensky & Katz LLC now owns 10,201 shares of the company’s stock worth $3,207,000 after acquiring an additional 35 shares during the period. Lansing Street Advisors raised its stake in shares of iShares Russell 1000 ETF by 0.3% during the third quarter. Lansing Street Advisors now owns 10,144 shares of the company’s stock valued at $3,189,000 after acquiring an additional 35 shares in the last quarter. Finally, Riverpoint Wealth Management Holdings LLC boosted its holdings in shares of iShares Russell 1000 ETF by 0.3% in the third quarter. Riverpoint Wealth Management Holdings LLC now owns 10,720 shares of the company’s stock valued at $3,370,000 after purchasing an additional 36 shares during the period.

iShares Russell 1000 ETF Stock Up 0.4 %

IWB opened at $333.42 on Thursday. The stock’s fifty day moving average is $329.23 and its two-hundred day moving average is $317.15. The company has a market capitalization of $40.93 billion, a P/E ratio of 24.68 and a beta of 1.01. iShares Russell 1000 ETF has a 52 week low of $269.98 and a 52 week high of $336.61.

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.