iShares Russell 1000 ETF (NYSEARCA:IWB) Shares Sold by Fernwood Investment Management LLC

Fernwood Investment Management LLC lowered its holdings in iShares Russell 1000 ETF (NYSEARCA:IWB) by 9.7% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,005 shares of the company’s stock after selling 1,180 shares during the period. iShares Russell 1000 ETF comprises 0.7% of Fernwood Investment Management LLC’s holdings, making the stock its 28th biggest holding. Fernwood Investment Management LLC’s holdings in iShares Russell 1000 ETF were worth $2,886,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. DAVENPORT & Co LLC raised its holdings in shares of iShares Russell 1000 ETF by 61.7% during the third quarter. DAVENPORT & Co LLC now owns 2,279 shares of the company’s stock valued at $535,000 after acquiring an additional 870 shares during the period. Lake Street Financial LLC lifted its position in iShares Russell 1000 ETF by 4.6% in the 3rd quarter. Lake Street Financial LLC now owns 3,379 shares of the company’s stock worth $796,000 after buying an additional 149 shares in the last quarter. Commonwealth Equity Services LLC boosted its stake in shares of iShares Russell 1000 ETF by 1.1% during the 3rd quarter. Commonwealth Equity Services LLC now owns 183,410 shares of the company’s stock valued at $43,085,000 after buying an additional 2,019 shares during the period. Sheets Smith Wealth Management acquired a new stake in iShares Russell 1000 ETF during the third quarter valued at $97,000. Finally, YHB Investment Advisors Inc. grew its stake in iShares Russell 1000 ETF by 14.7% in the third quarter. YHB Investment Advisors Inc. now owns 30,687 shares of the company’s stock valued at $7,209,000 after purchasing an additional 3,936 shares in the last quarter.

iShares Russell 1000 ETF Stock Up 0.4 %

Shares of IWB traded up $1.07 during midday trading on Monday, reaching $280.52. 199,995 shares of the stock were exchanged, compared to its average volume of 714,778. The company has a market cap of $34.55 billion, a price-to-earnings ratio of 25.11 and a beta of 1.01. The firm has a 50 day simple moving average of $281.46 and a 200-day simple moving average of $263.85. iShares Russell 1000 ETF has a 12-month low of $221.31 and a 12-month high of $288.75.

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.