Avestar Capital LLC Sells 1,967 Shares of iShares Russell 1000 ETF (NYSEARCA:IWB)

Avestar Capital LLC cut its holdings in iShares Russell 1000 ETF (NYSEARCA:IWB) by 7.9% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 23,054 shares of the company’s stock after selling 1,967 shares during the period. iShares Russell 1000 ETF makes up about 0.7% of Avestar Capital LLC’s portfolio, making the stock its 28th biggest holding. Avestar Capital LLC’s holdings in iShares Russell 1000 ETF were worth $7,248,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in IWB. LPL Financial LLC grew its position in iShares Russell 1000 ETF by 2.2% in the third quarter. LPL Financial LLC now owns 2,394,007 shares of the company’s stock worth $752,652,000 after acquiring an additional 52,616 shares in the last quarter. Catalyst Capital Advisors LLC lifted its stake in shares of iShares Russell 1000 ETF by 5.1% in the 2nd quarter. Catalyst Capital Advisors LLC now owns 1,626,142 shares of the company’s stock valued at $483,842,000 after purchasing an additional 78,422 shares during the last quarter. Johnson Investment Counsel Inc. boosted its holdings in shares of iShares Russell 1000 ETF by 2.3% in the 2nd quarter. Johnson Investment Counsel Inc. now owns 1,279,068 shares of the company’s stock worth $380,574,000 after purchasing an additional 28,333 shares during the period. BOKF NA increased its position in shares of iShares Russell 1000 ETF by 8.9% during the 2nd quarter. BOKF NA now owns 1,260,585 shares of the company’s stock valued at $375,074,000 after purchasing an additional 102,898 shares during the last quarter. Finally, Pathstone Holdings LLC raised its holdings in iShares Russell 1000 ETF by 0.4% during the 3rd quarter. Pathstone Holdings LLC now owns 1,147,674 shares of the company’s stock valued at $360,544,000 after buying an additional 4,412 shares during the period.

iShares Russell 1000 ETF Stock Up 0.4 %

NYSEARCA IWB opened at $330.29 on Tuesday. iShares Russell 1000 ETF has a 52 week low of $248.88 and a 52 week high of $332.02. The firm has a market capitalization of $40.54 billion, a price-to-earnings ratio of 24.68 and a beta of 1.01. The company has a fifty day moving average of $318.52 and a two-hundred day moving average of $305.17.

iShares Russell 1000 ETF Company 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.