iShares Russell 1000 ETF (NYSEARCA:IWB) Shares Sold by Breakwater Capital Group

Breakwater Capital Group lowered its stake in iShares Russell 1000 ETF (NYSEARCA:IWB) by 1.1% during the first quarter, Holdings Channel.com reports. The firm owned 13,770 shares of the company’s stock after selling 157 shares during the quarter. iShares Russell 1000 ETF accounts for about 1.0% of Breakwater Capital Group’s portfolio, making the stock its 24th largest position. Breakwater Capital Group’s holdings in iShares Russell 1000 ETF were worth $3,966,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Waterloo Capital L.P. purchased a new position in iShares Russell 1000 ETF in the fourth quarter worth approximately $4,471,000. Truist Financial Corp lifted its stake in iShares Russell 1000 ETF by 16.7% in the fourth quarter. Truist Financial Corp now owns 474,134 shares of the company’s stock worth $124,347,000 after acquiring an additional 67,861 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in iShares Russell 1000 ETF by 3.4% in the fourth quarter. Envestnet Asset Management Inc. now owns 4,512,821 shares of the company’s stock worth $1,183,533,000 after acquiring an additional 146,971 shares during the last quarter. Advance Capital Management Inc. lifted its stake in iShares Russell 1000 ETF by 3.8% in the fourth quarter. Advance Capital Management Inc. now owns 35,540 shares of the company’s stock worth $9,321,000 after acquiring an additional 1,285 shares during the last quarter. Finally, Arbor Wealth Advisors LLC purchased a new position in iShares Russell 1000 ETF in the fourth quarter worth approximately $442,000.

iShares Russell 1000 ETF Stock Down 0.4 %

iShares Russell 1000 ETF stock traded down $1.15 during trading on Friday, reaching $297.54. The stock had a trading volume of 5,820,543 shares, compared to its average volume of 815,876. iShares Russell 1000 ETF has a 52-week low of $224.41 and a 52-week high of $300.83. The business has a 50 day moving average price of $289.10 and a 200 day moving average price of $279.02. The stock has a market cap of $36.52 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.