Fortis Capital Management LLC Sells 80 Shares of iShares Russell 1000 ETF (NYSEARCA:IWB)

Fortis Capital Management LLC trimmed its position in iShares Russell 1000 ETF (NYSEARCA:IWB) by 10.6% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 674 shares of the company’s stock after selling 80 shares during the quarter. Fortis Capital Management LLC’s holdings in iShares Russell 1000 ETF were worth $217,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Millstone Evans Group LLC acquired a new position in iShares Russell 1000 ETF in the 4th quarter valued at about $29,000. Golden State Wealth Management LLC acquired a new position in iShares Russell 1000 ETF in the 4th quarter valued at about $37,000. Crews Bank & Trust acquired a new position in iShares Russell 1000 ETF in the 4th quarter valued at about $37,000. Centricity Wealth Management LLC acquired a new position in iShares Russell 1000 ETF in the 4th quarter valued at about $39,000. Finally, Kestra Investment Management LLC acquired a new position in iShares Russell 1000 ETF in the 4th quarter valued at about $39,000.

iShares Russell 1000 ETF Stock Performance

Shares of IWB opened at $309.81 on Friday. iShares Russell 1000 ETF has a 52 week low of $271.54 and a 52 week high of $337.76. The firm has a market cap of $37.07 billion, a P/E ratio of 24.45 and a beta of 1.03. The firm’s 50-day simple moving average is $325.12 and its 200 day simple moving average is $322.27.

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.