New England Private Wealth Advisors LLC Trims Stock Holdings in iShares Russell 1000 ETF (NYSEARCA:IWB)

New England Private Wealth Advisors LLC decreased its stake in iShares Russell 1000 ETF (NYSEARCA:IWB) by 3.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 41,989 shares of the company’s stock after selling 1,632 shares during the quarter. iShares Russell 1000 ETF makes up 2.0% of New England Private Wealth Advisors LLC’s portfolio, making the stock its 13th biggest holding. New England Private Wealth Advisors LLC’s holdings in iShares Russell 1000 ETF were worth $11,012,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of IWB. US Bancorp DE boosted its stake in shares of iShares Russell 1000 ETF by 214.8% in the third quarter. US Bancorp DE now owns 607,459 shares of the company’s stock worth $142,698,000 after acquiring an additional 1,136,554 shares during the period. Pathstone Family Office LLC boosted its stake in shares of iShares Russell 1000 ETF by 2,233.8% in the third quarter. Pathstone Family Office LLC now owns 1,170,028 shares of the company’s stock worth $274,904,000 after acquiring an additional 1,119,893 shares during the period. Comerica Bank bought a new position in iShares Russell 1000 ETF during the third quarter valued at approximately $168,447,000. TIAA Trust National Association bought a new position in iShares Russell 1000 ETF during the third quarter valued at approximately $166,212,000. Finally, International Assets Investment Management LLC boosted its stake in iShares Russell 1000 ETF by 26,592.2% during the fourth quarter. International Assets Investment Management LLC now owns 600,575 shares of the company’s stock valued at $157,507,000 after buying an additional 598,325 shares during the last quarter.

iShares Russell 1000 ETF Stock Up 0.9 %

iShares Russell 1000 ETF stock traded up $2.59 during midday trading on Friday, reaching $279.39. 541,953 shares of the stock traded hands, compared to its average volume of 721,134. The stock’s fifty day moving average is $281.46 and its 200-day moving average is $263.51. iShares Russell 1000 ETF has a 12 month low of $221.31 and a 12 month high of $288.75. The stock has a market cap of $34.41 billion, a P/E ratio of 25.11 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.