iShares Russell 1000 ETF (NYSEARCA:IWB) Stake Lessened by Grimes & Company Inc.

Grimes & Company Inc. trimmed its stake in iShares Russell 1000 ETF (NYSEARCA:IWB) by 21.9% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,169 shares of the company’s stock after selling 327 shares during the quarter. Grimes & Company Inc.’s holdings in iShares Russell 1000 ETF were worth $377,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also made changes to their positions in the company. Sound Income Strategies LLC lifted its position in shares of iShares Russell 1000 ETF by 239.3% in the third quarter. Sound Income Strategies LLC now owns 95 shares of the company’s stock worth $30,000 after purchasing an additional 67 shares in the last quarter. Winch Advisory Services LLC acquired a new position in shares of iShares Russell 1000 ETF in the third quarter worth $30,000. Clarkston Capital Partners LLC acquired a new position in shares of iShares Russell 1000 ETF in the third quarter worth $32,000. Archer Investment Corp acquired a new position in shares of iShares Russell 1000 ETF in the third quarter worth $37,000. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of iShares Russell 1000 ETF in the fourth quarter worth $51,000.

iShares Russell 1000 ETF Trading Down 0.2 %

NYSEARCA IWB opened at $335.17 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 $41.14 billion, a PE ratio of 24.68 and a beta of 1.01. The firm’s fifty day simple moving average is $328.62 and its 200-day simple moving average is $315.77.

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.