Migdal Insurance & Financial Holdings Ltd. Cuts Stock Holdings in iShares Russell 1000 ETF (NYSEARCA:IWB)

Migdal Insurance & Financial Holdings Ltd. trimmed its position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 7.4% during the fourth quarter, Holdings Channel.com reports. The fund owned 924 shares of the company’s stock after selling 74 shares during the quarter. Migdal Insurance & Financial Holdings Ltd.’s holdings in iShares Russell 1000 ETF were worth $298,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the company. Traynor Capital Management Inc. boosted its holdings in iShares Russell 1000 ETF by 4.1% during 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 during the last quarter. Lansing Street Advisors boosted its holdings in iShares Russell 1000 ETF by 0.3% during the 3rd quarter. Lansing Street Advisors now owns 10,144 shares of the company’s stock worth $3,189,000 after acquiring an additional 35 shares during the last quarter. Riverpoint Wealth Management Holdings LLC boosted its holdings in iShares Russell 1000 ETF by 0.3% during the 3rd quarter. Riverpoint Wealth Management Holdings LLC now owns 10,720 shares of the company’s stock worth $3,370,000 after acquiring an additional 36 shares during the last quarter. Prime Capital Investment Advisors LLC boosted its holdings in iShares Russell 1000 ETF by 0.8% during the 3rd quarter. Prime Capital Investment Advisors LLC now owns 4,402 shares of the company’s stock worth $1,384,000 after acquiring an additional 36 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC boosted its holdings in iShares Russell 1000 ETF by 23.3% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 196 shares of the company’s stock worth $62,000 after acquiring an additional 37 shares during the last quarter.

iShares Russell 1000 ETF Stock Performance

Shares of NYSEARCA:IWB opened at $331.56 on Friday. The company’s 50-day moving average is $329.36 and its 200 day moving average is $317.39. The company has a market capitalization of $40.70 billion, a P/E ratio of 24.68 and a beta of 1.01. iShares Russell 1000 ETF has a fifty-two week low of $269.98 and a fifty-two week high of $336.61.

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.