Joseph Group Capital Management Trims Stock Position in iShares Russell 1000 ETF (NYSEARCA:IWB)

Joseph Group Capital Management reduced its stake in iShares Russell 1000 ETF (NYSEARCA:IWB) by 11.1% during the 4th quarter, HoldingsChannel reports. The firm owned 1,261 shares of the company’s stock after selling 158 shares during the period. Joseph Group Capital Management’s holdings in iShares Russell 1000 ETF were worth $406,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also modified their holdings of the company. IPG Investment Advisors LLC boosted its holdings in shares of iShares Russell 1000 ETF by 8.6% in the fourth quarter. IPG Investment Advisors LLC now owns 755 shares of the company’s stock valued at $243,000 after acquiring an additional 60 shares in the last quarter. RWA Wealth Partners LLC boosted its holdings in iShares Russell 1000 ETF by 2.2% in the 4th quarter. RWA Wealth Partners LLC now owns 12,269 shares of the company’s stock valued at $3,953,000 after purchasing an additional 267 shares in the last quarter. Mitchell Sinkler & Starr PA increased its position in iShares Russell 1000 ETF by 0.7% during the 4th quarter. Mitchell Sinkler & Starr PA now owns 8,300 shares of the company’s stock worth $2,674,000 after purchasing an additional 55 shares during the period. Maridea Wealth Management LLC purchased a new position in shares of iShares Russell 1000 ETF during the 4th quarter worth approximately $1,149,000. Finally, Brown Brothers Harriman & Co. raised its stake in shares of iShares Russell 1000 ETF by 0.8% during the 4th quarter. Brown Brothers Harriman & Co. now owns 8,522 shares of the company’s stock worth $2,745,000 after buying an additional 70 shares in the last quarter.

iShares Russell 1000 ETF Price Performance

iShares Russell 1000 ETF stock opened at $305.03 on Friday. The stock’s 50 day moving average price is $323.87 and its 200 day moving average price is $322.71. iShares Russell 1000 ETF has a 1-year low of $271.54 and a 1-year high of $337.76. The company has a market cap of $36.50 billion, a PE ratio of 24.45 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.