IFS Advisors LLC Trims Stock Holdings in iShares Russell 1000 ETF (NYSEARCA:IWB)

IFS Advisors LLC cut its position in iShares Russell 1000 ETF (NYSEARCA:IWB) by 2.9% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,159 shares of the company’s stock after selling 65 shares during the quarter. iShares Russell 1000 ETF accounts for about 0.5% of IFS Advisors LLC’s holdings, making the stock its 9th biggest holding. IFS Advisors LLC’s holdings in iShares Russell 1000 ETF were worth $662,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Trexquant Investment LP acquired a new position in iShares Russell 1000 ETF in the 4th quarter valued at approximately $527,000. Windsor Capital Management LLC grew its stake in shares of iShares Russell 1000 ETF by 5.9% in the fourth quarter. Windsor Capital Management LLC now owns 699 shares of the company’s stock worth $225,000 after purchasing an additional 39 shares during the last quarter. Envestnet Asset Management Inc. raised its position in iShares Russell 1000 ETF by 9.9% during the 4th quarter. Envestnet Asset Management Inc. now owns 4,682,078 shares of the company’s stock worth $1,508,378,000 after purchasing an additional 422,237 shares during the last quarter. B. Riley Wealth Advisors Inc. grew its position in shares of iShares Russell 1000 ETF by 9.3% in the 4th quarter. B. Riley Wealth Advisors Inc. now owns 20,454 shares of the company’s stock valued at $6,589,000 after buying an additional 1,735 shares during the last quarter. Finally, Csenge Advisory Group increased its stake in shares of iShares Russell 1000 ETF by 4.6% in the fourth quarter. Csenge Advisory Group now owns 18,215 shares of the company’s stock valued at $5,868,000 after buying an additional 794 shares during the period.

iShares Russell 1000 ETF Price Performance

Shares of IWB opened at $327.62 on Wednesday. The business has a 50-day moving average of $305.89 and a 200-day moving average of $319.07. The company has a market capitalization of $39.95 billion, a price-to-earnings ratio of 24.42 and a beta of 1.02. iShares Russell 1000 ETF has a 1 year low of $264.17 and a 1 year high of $337.76.

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.