Custom Index Systems LLC Sells 358 Shares of iShares Russell 1000 ETF (NYSEARCA:IWB)

Custom Index Systems LLC decreased its holdings in iShares Russell 1000 ETF (NYSEARCA:IWB) by 4.9% in the fourth quarter, Holdings Channel reports. The firm owned 6,962 shares of the company’s stock after selling 358 shares during the quarter. iShares Russell 1000 ETF accounts for about 1.2% of Custom Index Systems LLC’s portfolio, making the stock its 13th biggest position. Custom Index Systems LLC’s holdings in iShares Russell 1000 ETF were worth $2,243,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of IWB. Heck Capital Advisors LLC purchased a new stake in iShares Russell 1000 ETF during the fourth quarter valued at approximately $665,000. Turtle Creek Wealth Advisors LLC grew its position in shares of iShares Russell 1000 ETF by 166.7% during the 4th quarter. Turtle Creek Wealth Advisors LLC now owns 59,604 shares of the company’s stock valued at $19,202,000 after acquiring an additional 37,256 shares during the period. New Wave Wealth Advisors LLC increased its stake in shares of iShares Russell 1000 ETF by 2.7% in the 4th quarter. New Wave Wealth Advisors LLC now owns 1,951 shares of the company’s stock worth $629,000 after purchasing an additional 51 shares in the last quarter. BTC Capital Management Inc. raised its holdings in iShares Russell 1000 ETF by 6.1% in the 4th quarter. BTC Capital Management Inc. now owns 76,841 shares of the company’s stock worth $24,756,000 after purchasing an additional 4,411 shares during the period. Finally, Alta Wealth Advisors LLC purchased a new position in iShares Russell 1000 ETF during the fourth quarter valued at $203,000.

iShares Russell 1000 ETF Stock Performance

NYSEARCA:IWB opened at $332.16 on Friday. The stock has a 50-day simple moving average of $329.17 and a two-hundred day simple moving average of $316.43. iShares Russell 1000 ETF has a 52-week low of $265.70 and a 52-week high of $336.61. The firm has a market capitalization of $40.77 billion, a PE 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.