Procyon Advisors LLC Has $1.34 Million Position in iShares Russell 1000 ETF (NYSEARCA:IWB)

Procyon Advisors LLC reduced its stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 81.0% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 4,362 shares of the company’s stock after selling 18,555 shares during the period. Procyon Advisors LLC’s holdings in iShares Russell 1000 ETF were worth $1,338,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the stock. Redwood Park Advisors LLC acquired a new position in iShares Russell 1000 ETF in the fourth quarter valued at approximately $27,000. Millstone Evans Group LLC bought a new stake in iShares Russell 1000 ETF during the fourth quarter worth $29,000. Fourth Dimension Wealth LLC purchased a new stake in shares of iShares Russell 1000 ETF in the fourth quarter valued at about $36,000. Golden State Wealth Management LLC bought a new position in shares of iShares Russell 1000 ETF during the 4th quarter worth approximately $37,000. Finally, Centricity Wealth Management LLC bought a new stake in iShares Russell 1000 ETF during the fourth quarter worth $39,000.

iShares Russell 1000 ETF Stock Performance

Shares of NYSEARCA:IWB opened at $329.47 on Friday. The company has a market capitalization of $40.18 billion, a P/E ratio of 24.42 and a beta of 1.02. iShares Russell 1000 ETF has a fifty-two week low of $264.17 and a fifty-two week high of $337.76. The company’s 50-day moving average is $307.17 and its 200 day moving average is $319.14.

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.