iShares Russell 1000 ETF (NYSEARCA:IWB) Stake Lessened by New England Private Wealth Advisors LLC

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

A number of other large investors have also recently added to or reduced their stakes in IWB. Mascoma Wealth Management LLC bought a new stake in iShares Russell 1000 ETF during the fourth quarter worth approximately $25,000. Cullen Frost Bankers Inc. bought a new stake in iShares Russell 1000 ETF during the third quarter worth approximately $28,000. Baystate Wealth Management LLC boosted its holdings in 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 buying an additional 51 shares in the last quarter. Stonebridge Capital Advisors LLC boosted its holdings in 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 buying an additional 104 shares in the last quarter. Finally, Eukles Asset Management boosted its holdings in 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 buying an additional 93 shares in the last quarter.

iShares Russell 1000 ETF Stock Up 0.9 %

NYSEARCA:IWB traded up $2.59 during trading hours on Friday, reaching $279.39. 541,953 shares of the company’s stock were exchanged, compared to its average volume of 721,134. The business’s 50-day simple moving average is $281.46 and its two-hundred day simple 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 company has a market capitalization of $34.41 billion, a P/E ratio of 25.11 and a beta of 1.01.

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.