Clayton Financial Group LLC Sells 567 Shares of iShares Russell 1000 ETF (NYSEARCA:IWB)

Clayton Financial Group LLC lowered its position in iShares Russell 1000 ETF (NYSEARCA:IWB) by 8.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,139 shares of the company’s stock after selling 567 shares during the period. Clayton Financial Group LLC’s holdings in iShares Russell 1000 ETF were worth $1,978,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in IWB. Sound Income Strategies LLC increased its holdings in shares of iShares Russell 1000 ETF by 239.3% in the third quarter. Sound Income Strategies LLC now owns 95 shares of the company’s stock worth $30,000 after acquiring an additional 67 shares in the last quarter. Winch Advisory Services LLC acquired a new position in shares of iShares Russell 1000 ETF in the 3rd quarter valued at approximately $30,000. Clarkston Capital Partners LLC bought a new stake in iShares Russell 1000 ETF during the 3rd quarter worth approximately $32,000. Archer Investment Corp acquired a new stake in iShares Russell 1000 ETF during the 3rd quarter worth approximately $37,000. Finally, Crews Bank & Trust bought a new position in iShares Russell 1000 ETF in the fourth quarter valued at approximately $37,000.

iShares Russell 1000 ETF Stock Up 0.7 %

Shares of IWB stock opened at $332.09 on Wednesday. iShares Russell 1000 ETF has a 12-month low of $269.24 and a 12-month high of $336.61. The firm has a fifty day moving average of $329.23 and a 200-day moving average of $317.15. The company has a market capitalization of $40.76 billion, a price-to-earnings ratio of 24.68 and a beta of 1.01.

About iShares Russell 1000 ETF

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.