Beacon Harbor Wealth Advisors Inc. Cuts Position in iShares Russell 1000 ETF (NYSEARCA:IWB)

Beacon Harbor Wealth Advisors Inc. decreased its position in iShares Russell 1000 ETF (NYSEARCA:IWB) by 12.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 843 shares of the company’s stock after selling 120 shares during the quarter. Beacon Harbor Wealth Advisors Inc.’s holdings in iShares Russell 1000 ETF were worth $221,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Mascoma Wealth Management LLC purchased a new stake in shares of iShares Russell 1000 ETF during the fourth quarter worth $25,000. Cullen Frost Bankers Inc. purchased a new stake in shares of iShares Russell 1000 ETF during the third quarter worth $28,000. Baystate Wealth Management LLC increased its position in shares of iShares Russell 1000 ETF by 70.8% during the fourth quarter. Baystate Wealth Management LLC now owns 123 shares of the company’s stock worth $32,000 after acquiring an additional 51 shares during the period. Stonebridge Capital Advisors LLC increased its position in shares of iShares Russell 1000 ETF by 113.0% during the third quarter. Stonebridge Capital Advisors LLC now owns 196 shares of the company’s stock worth $46,000 after acquiring an additional 104 shares during the period. Finally, Eukles Asset Management increased its position in shares of iShares Russell 1000 ETF by 54.7% during the third quarter. Eukles Asset Management now owns 263 shares of the company’s stock worth $62,000 after acquiring an additional 93 shares during the period.

iShares Russell 1000 ETF Stock Performance

Shares of iShares Russell 1000 ETF stock traded up $2.16 during trading hours on Thursday, reaching $277.34. 367,924 shares of the company were exchanged, compared to its average volume of 721,610. iShares Russell 1000 ETF has a 1 year low of $221.31 and a 1 year high of $288.75. The stock’s fifty day moving average is $281.64 and its 200 day moving average is $264.50. The firm has a market cap of $34.04 billion, a PE ratio of 24.68 and a beta of 1.01.

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.