iShares Russell 1000 ETF (NYSEARCA:IWB) Shares Sold by Parkside Advisors LLC

Parkside Advisors LLC reduced its position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 0.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 229,428 shares of the company’s stock after selling 1,525 shares during the quarter. iShares Russell 1000 ETF accounts for 17.4% of Parkside Advisors LLC’s investment portfolio, making the stock its biggest holding. Parkside Advisors LLC owned about 0.19% of iShares Russell 1000 ETF worth $73,912,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of IWB. RMR Wealth Builders lifted its position in iShares Russell 1000 ETF by 27.0% in the 4th quarter. RMR Wealth Builders now owns 1,646 shares of the company’s stock worth $530,000 after buying an additional 350 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its holdings in shares of iShares Russell 1000 ETF by 1.1% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 310,883 shares of the company’s stock worth $97,739,000 after acquiring an additional 3,446 shares in the last quarter. ORG Partners LLC boosted its position in iShares Russell 1000 ETF by 0.7% during the fourth quarter. ORG Partners LLC now owns 10,236 shares of the company’s stock valued at $3,298,000 after purchasing an additional 73 shares during the last quarter. Range Financial Group LLC purchased a new position in iShares Russell 1000 ETF in the fourth quarter valued at about $314,000. Finally, Ridgeline Wealth LLC acquired a new position in iShares Russell 1000 ETF in the 4th quarter worth about $503,000.

iShares Russell 1000 ETF Stock Down 0.4 %

Shares of IWB traded down $1.38 during mid-day trading on Monday, hitting $318.13. 312,419 shares of the company’s stock were exchanged, compared to its average volume of 996,905. iShares Russell 1000 ETF has a twelve month low of $258.68 and a twelve month high of $336.18. The firm has a fifty day moving average of $327.76 and a two-hundred day moving average of $313.88. The stock has a market cap of $39.05 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.