iShares Russell 1000 ETF (NYSEARCA:IWB) Holdings Decreased by Kovack Advisors Inc.

Kovack Advisors Inc. cut its position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 3.6% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 7,782 shares of the company’s stock after selling 292 shares during the quarter. Kovack Advisors Inc.’s holdings in iShares Russell 1000 ETF were worth $2,241,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in IWB. Axxcess Wealth Management LLC boosted its position in iShares Russell 1000 ETF by 308.8% during the 3rd quarter. Axxcess Wealth Management LLC now owns 3,622 shares of the company’s stock valued at $851,000 after purchasing an additional 2,736 shares during the period. Evergreen Capital Management LLC grew its position in shares of iShares Russell 1000 ETF by 24.1% during the third quarter. Evergreen Capital Management LLC now owns 1,030 shares of the company’s stock worth $243,000 after acquiring an additional 200 shares during the last quarter. Lido Advisors LLC increased its holdings in shares of iShares Russell 1000 ETF by 0.4% in the 3rd quarter. Lido Advisors LLC now owns 26,247 shares of the company’s stock worth $6,166,000 after acquiring an additional 97 shares during the period. Legacy Advisors LLC lifted its position in iShares Russell 1000 ETF by 87.2% in the 3rd quarter. Legacy Advisors LLC now owns 72,303 shares of the company’s stock valued at $17,058,000 after purchasing an additional 33,679 shares during the last quarter. Finally, London Co. of Virginia boosted its stake in iShares Russell 1000 ETF by 53.5% during the 3rd quarter. London Co. of Virginia now owns 6,584 shares of the company’s stock valued at $1,547,000 after purchasing an additional 2,295 shares during the period.

iShares Russell 1000 ETF Stock Up 0.4 %

NYSEARCA IWB traded up $1.12 on Thursday, hitting $301.29. The stock had a trading volume of 372,552 shares, compared to its average volume of 810,064. The company’s 50-day moving average is $290.02 and its two-hundred day moving average is $279.57. iShares Russell 1000 ETF has a one year low of $224.41 and a one year high of $301.60. The stock has a market cap of $36.98 billion, a price-to-earnings ratio of 24.68 and a beta of 1.01.

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.