Allen Mooney & Barnes Investment Advisors LLC Lowers Stake in iShares Russell 1000 ETF (NYSEARCA:IWB)

Allen Mooney & Barnes Investment Advisors LLC lessened its stake in iShares Russell 1000 ETF (NYSEARCA:IWB) by 41.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,619 shares of the company’s stock after selling 1,143 shares during the period. Allen Mooney & Barnes Investment Advisors LLC’s holdings in iShares Russell 1000 ETF were worth $509,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in IWB. Mechanics Bank Trust Department purchased a new position in iShares Russell 1000 ETF during the 3rd quarter worth $597,000. Cambridge Trust Co. increased its stake in shares of iShares Russell 1000 ETF by 29.7% during the first quarter. Cambridge Trust Co. now owns 1,760 shares of the company’s stock valued at $507,000 after buying an additional 403 shares during the period. Citizens Financial Group Inc. RI raised its holdings in shares of iShares Russell 1000 ETF by 20.5% in the first quarter. Citizens Financial Group Inc. RI now owns 3,678 shares of the company’s stock valued at $1,059,000 after acquiring an additional 625 shares in the last quarter. Morton Capital Management LLC CA lifted its stake in iShares Russell 1000 ETF by 0.9% in the third quarter. Morton Capital Management LLC CA now owns 5,065 shares of the company’s stock worth $1,592,000 after acquiring an additional 43 shares during the period. Finally, LexAurum Advisors LLC bought a new position in iShares Russell 1000 ETF during the 1st quarter worth about $208,000.

iShares Russell 1000 ETF Stock Performance

NYSEARCA IWB opened at $320.37 on Tuesday. iShares Russell 1000 ETF has a one year low of $224.41 and a one year high of $320.79. The company has a market capitalization of $39.33 billion, a price-to-earnings ratio of 24.68 and a beta of 1.01. The company’s 50-day simple moving average is $306.31 and its two-hundred day simple moving average is $296.49.

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.