MPS Loria Financial Planners LLC Sells 35,658 Shares of iShares Russell 1000 ETF (NYSEARCA:IWB)

MPS Loria Financial Planners LLC lessened its holdings in iShares Russell 1000 ETF (NYSEARCA:IWB) by 9.4% during the 1st quarter, HoldingsChannel.com reports. The firm owned 342,260 shares of the company’s stock after selling 35,658 shares during the period. iShares Russell 1000 ETF accounts for approximately 31.1% of MPS Loria Financial Planners LLC’s holdings, making the stock its largest holding. MPS Loria Financial Planners LLC’s holdings in iShares Russell 1000 ETF were worth $104,985,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Redwood Park Advisors LLC acquired a new position in shares of iShares Russell 1000 ETF in the 4th quarter valued at $27,000. Millstone Evans Group LLC acquired a new position in shares of iShares Russell 1000 ETF in the 4th quarter valued at $29,000. Fourth Dimension Wealth LLC acquired a new position in shares of iShares Russell 1000 ETF in the 4th quarter valued at $36,000. Centricity Wealth Management LLC purchased a new stake in shares of iShares Russell 1000 ETF in the 4th quarter valued at $39,000. Finally, Kestra Investment Management LLC purchased a new stake in shares of iShares Russell 1000 ETF in the 4th quarter valued at $39,000.

iShares Russell 1000 ETF Trading Down 0.4%

IWB stock opened at $326.29 on Friday. The company has a market capitalization of $39.79 billion, a PE ratio of 24.42 and a beta of 1.02. iShares Russell 1000 ETF has a 12-month low of $264.17 and a 12-month high of $337.76. The business’s fifty day moving average price is $315.36 and its 200 day moving average price is $318.97.

iShares Russell 1000 ETF 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.