Private Advisor Group LLC Sells 6,178 Shares of iShares Russell 1000 ETF (NYSEARCA:IWB)

Private Advisor Group LLC lowered its position in iShares Russell 1000 ETF (NYSEARCA:IWB) by 15.2% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 34,560 shares of the company’s stock after selling 6,178 shares during the quarter. Private Advisor Group LLC’s holdings in iShares Russell 1000 ETF were worth $11,134,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in IWB. Clarkston Capital Partners LLC bought a new stake in iShares Russell 1000 ETF during the 3rd quarter valued at $32,000. Archer Investment Corp purchased a new position in shares of iShares Russell 1000 ETF in the third quarter valued at $37,000. Crews Bank & Trust bought a new stake in shares of iShares Russell 1000 ETF during the 4th quarter valued at $37,000. Golden State Wealth Management LLC purchased a new stake in iShares Russell 1000 ETF during the 4th quarter worth about $37,000. Finally, Kestra Investment Management LLC purchased a new stake in iShares Russell 1000 ETF during the 4th quarter worth about $39,000.

iShares Russell 1000 ETF Stock Down 0.5 %

Shares of IWB opened at $335.77 on Friday. iShares Russell 1000 ETF has a twelve month low of $271.54 and a twelve month high of $337.76. The stock has a market cap of $41.22 billion, a PE ratio of 24.68 and a beta of 1.01. The business’s 50-day moving average price is $329.52 and its 200-day moving average price is $319.81.

About iShares Russell 1000 ETF

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.