Oldfather Financial Services LLC Cuts Stake in iShares Russell 1000 ETF (NYSEARCA:IWB)

Oldfather Financial Services LLC decreased its holdings in iShares Russell 1000 ETF (NYSEARCA:IWB) by 10.1% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 2,772 shares of the company’s stock after selling 311 shares during the period. Oldfather Financial Services LLC’s holdings in iShares Russell 1000 ETF were worth $893,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of IWB. Sound Income Strategies LLC raised its holdings in iShares Russell 1000 ETF by 239.3% in the third quarter. Sound Income Strategies LLC now owns 95 shares of the company’s stock valued at $30,000 after buying an additional 67 shares during the period. Winch Advisory Services LLC purchased a new position in iShares Russell 1000 ETF in the third quarter valued at approximately $30,000. Clarkston Capital Partners LLC purchased a new position in iShares Russell 1000 ETF in the third quarter valued at approximately $32,000. Archer Investment Corp purchased a new position in iShares Russell 1000 ETF in the third quarter valued at approximately $37,000. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new position in iShares Russell 1000 ETF in the fourth quarter valued at approximately $51,000.

iShares Russell 1000 ETF Trading Up 1.0 %

NYSEARCA IWB opened at $329.39 on Monday. The company’s fifty day simple moving average is $328.00 and its 200-day simple moving average is $314.68. iShares Russell 1000 ETF has a 52 week low of $260.02 and a 52 week high of $336.18. The stock has a market cap of $40.43 billion, a P/E 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.