iShares Russell 1000 ETF $IWB Shares Sold by Fountainhead AM LLC

Fountainhead AM LLC cut its holdings in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 2.6% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 172,890 shares of the company’s stock after selling 4,529 shares during the quarter. iShares Russell 1000 ETF makes up approximately 8.3% of Fountainhead AM LLC’s holdings, making the stock its 2nd largest holding. Fountainhead AM LLC owned about 0.14% of iShares Russell 1000 ETF worth $63,188,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in IWB. Highline Wealth Partners LLC acquired a new stake in iShares Russell 1000 ETF in the third quarter valued at $30,000. Capital A Wealth Management LLC bought a new stake in shares of iShares Russell 1000 ETF in the 2nd quarter worth about $30,000. Caldwell Trust Co bought a new stake in shares of iShares Russell 1000 ETF in the 2nd quarter worth about $30,000. Cary Street Partners Investment Advisory LLC raised its stake in shares of iShares Russell 1000 ETF by 75.0% in the 2nd quarter. Cary Street Partners Investment Advisory LLC now owns 91 shares of the company’s stock valued at $31,000 after purchasing an additional 39 shares in the last quarter. Finally, eCIO Inc. bought a new position in shares of iShares Russell 1000 ETF during the first quarter worth about $36,000.

iShares Russell 1000 ETF Stock Performance

NYSEARCA:IWB opened at $374.33 on Friday. The company has a market capitalization of $45.07 billion, a price-to-earnings ratio of 24.71 and a beta of 1.01. iShares Russell 1000 ETF has a one year low of $264.17 and a one year high of $378.86. The stock has a 50-day simple moving average of $372.13 and a 200 day simple moving average of $359.69.

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.