Joseph Group Capital Management Reduces Stake in iShares Russell 1000 ETF (NYSEARCA:IWB)

Joseph Group Capital Management decreased its holdings in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 11.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,261 shares of the company’s stock after selling 158 shares during the quarter. Joseph Group Capital Management’s holdings in iShares Russell 1000 ETF were worth $406,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Millstone Evans Group LLC purchased a new position in shares of iShares Russell 1000 ETF in the 4th quarter valued at $29,000. Crews Bank & Trust purchased a new stake in iShares Russell 1000 ETF in the fourth quarter valued at $37,000. Golden State Wealth Management LLC acquired a new position in iShares Russell 1000 ETF in the fourth quarter valued at $37,000. Centricity Wealth Management LLC purchased a new position in shares of iShares Russell 1000 ETF during the fourth quarter worth about $39,000. Finally, Kestra Investment Management LLC acquired a new stake in shares of iShares Russell 1000 ETF during the fourth quarter worth about $39,000.

iShares Russell 1000 ETF Stock Down 2.0 %

Shares of NYSEARCA IWB opened at $305.03 on Friday. The business has a 50-day moving average price of $323.87 and a 200 day moving average price of $322.71. The stock has a market cap of $36.50 billion, a PE ratio of 24.45 and a beta of 1.03. iShares Russell 1000 ETF has a 52-week low of $271.54 and a 52-week high of $337.76.

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.