Horizon Investment Services LLC Has $3.51 Million Position in iShares Russell 1000 ETF $IWB

Horizon Investment Services LLC lessened its holdings in iShares Russell 1000 ETF (NYSEARCA:IWB) by 3.9% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 10,329 shares of the company’s stock after selling 417 shares during the period. iShares Russell 1000 ETF makes up 1.5% of Horizon Investment Services LLC’s portfolio, making the stock its 22nd biggest position. Horizon Investment Services LLC’s holdings in iShares Russell 1000 ETF were worth $3,508,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Woodside Wealth Management LLC acquired a new stake in shares of iShares Russell 1000 ETF during the 1st quarter valued at about $30,000. Brooklyn Investment Group bought a new position in iShares Russell 1000 ETF during the first quarter worth about $33,000. eCIO Inc. bought a new position in iShares Russell 1000 ETF during the first quarter worth about $36,000. RMG Wealth Management LLC acquired a new stake in iShares Russell 1000 ETF during the second quarter valued at approximately $45,000. Finally, Oliver Lagore Vanvalin Investment Group bought a new stake in shares of iShares Russell 1000 ETF in the 2nd quarter valued at approximately $49,000.

iShares Russell 1000 ETF Price Performance

iShares Russell 1000 ETF stock opened at $367.03 on Friday. The business has a 50 day simple moving average of $364.86 and a 200 day simple moving average of $343.87. iShares Russell 1000 ETF has a one year low of $264.17 and a one year high of $377.77. The company has a market capitalization of $44.19 billion, a PE ratio of 24.71 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.