Townsend Asset Management Corp NC ADV trimmed its stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB – Free Report) by 1.9% in the 4th quarter, HoldingsChannel reports. The firm owned 5,892 shares of the company’s stock after selling 112 shares during the quarter. Townsend Asset Management Corp NC ADV’s holdings in iShares Russell 1000 ETF were worth $1,898,000 at the end of the most recent quarter.
Several other hedge funds have also modified their holdings of the stock. Clarkston Capital Partners LLC purchased a new stake in iShares Russell 1000 ETF in the 3rd quarter worth about $32,000. Golden State Wealth Management LLC purchased a new stake in iShares Russell 1000 ETF in the 4th quarter worth about $37,000. Crews Bank & Trust purchased a new stake in iShares Russell 1000 ETF in the 4th quarter worth about $37,000. Archer Investment Corp purchased a new stake in iShares Russell 1000 ETF in the 3rd quarter worth about $37,000. Finally, Centricity Wealth Management LLC purchased a new stake in iShares Russell 1000 ETF in the 4th quarter worth about $39,000.
iShares Russell 1000 ETF Price Performance
Shares of IWB stock opened at $320.30 on Thursday. iShares Russell 1000 ETF has a fifty-two week low of $271.54 and a fifty-two week high of $337.76. The stock’s 50-day moving average is $328.79 and its two-hundred day moving average is $322.06. The firm has a market cap of $38.02 billion, a P/E ratio of 26.23 and a beta of 1.03.
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.
See Also
- Five stocks we like better than iShares Russell 1000 ETF
- Investing in Construction Stocks
- Corporate Crawl: Where Business Trips Turn Into Party Nights
- Airline Stocks – Top Airline Stocks to Buy Now
- CrowdStrike’s Growth Remains Strong—Buy While It’s Down
- What is a Death Cross in Stocks?
- Is Advanced Micro Devices Stock Slide Over?
Want to see what other hedge funds are holding IWB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Russell 1000 ETF (NYSEARCA:IWB – Free Report).
Receive News & Ratings for iShares Russell 1000 ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Russell 1000 ETF and related companies with MarketBeat.com's FREE daily email newsletter.
