HFG Advisors Inc. Lowers Stock Position in iShares Russell 1000 ETF (NYSEARCA:IWB)

HFG Advisors Inc. decreased its holdings in iShares Russell 1000 ETF (NYSEARCA:IWB) by 32.4% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 12,018 shares of the company’s stock after selling 5,754 shares during the period. iShares Russell 1000 ETF accounts for about 3.1% of HFG Advisors Inc.’s holdings, making the stock its 7th biggest position. HFG Advisors Inc.’s holdings in iShares Russell 1000 ETF were worth $3,461,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Jones Financial Companies Lllp grew its stake in iShares Russell 1000 ETF by 2.8% during the fourth quarter. Jones Financial Companies Lllp now owns 8,379,815 shares of the company’s stock valued at $2,197,690,000 after acquiring an additional 227,252 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in iShares Russell 1000 ETF by 3.4% in the 4th quarter. Envestnet Asset Management Inc. now owns 4,512,821 shares of the company’s stock worth $1,183,533,000 after buying an additional 146,971 shares in the last quarter. M&T Bank Corp grew its stake in iShares Russell 1000 ETF by 1.1% in the 4th quarter. M&T Bank Corp now owns 2,954,718 shares of the company’s stock worth $774,904,000 after buying an additional 31,595 shares in the last quarter. Wells Fargo & Company MN grew its stake in iShares Russell 1000 ETF by 2.2% in the 4th quarter. Wells Fargo & Company MN now owns 1,427,248 shares of the company’s stock worth $374,310,000 after buying an additional 30,635 shares in the last quarter. Finally, Johnson Investment Counsel Inc. grew its stake in iShares Russell 1000 ETF by 2.1% in the 4th quarter. Johnson Investment Counsel Inc. now owns 1,225,799 shares of the company’s stock worth $321,478,000 after buying an additional 25,434 shares in the last quarter.

iShares Russell 1000 ETF Price Performance

IWB stock traded up $0.49 during midday trading on Monday, reaching $298.03. The company had a trading volume of 378,638 shares, compared to its average volume of 812,378. iShares Russell 1000 ETF has a 1 year low of $224.41 and a 1 year high of $300.83. The company has a market capitalization of $36.58 billion, a P/E ratio of 24.68 and a beta of 1.01. The firm has a 50-day moving average price of $289.10 and a 200-day moving average price of $279.02.

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.