Traynor Capital Management Inc. Lowers Holdings in iShares Russell 1000 ETF (NYSEARCA:IWB)

Traynor Capital Management Inc. lowered its stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 43.4% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 1,306 shares of the company’s stock after selling 1,000 shares during the quarter. Traynor Capital Management Inc.’s holdings in iShares Russell 1000 ETF were worth $343,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Moneta Group Investment Advisors LLC grew its position in shares of iShares Russell 1000 ETF by 135,206.5% during the 4th quarter. Moneta Group Investment Advisors LLC now owns 42,238,638 shares of the company’s stock worth $8,892,078,000 after buying an additional 42,207,421 shares in the last quarter. US Bancorp DE lifted its stake in shares of iShares Russell 1000 ETF by 214.8% during the 3rd quarter. US Bancorp DE now owns 607,459 shares of the company’s stock worth $142,698,000 after purchasing an additional 1,136,554 shares during the last quarter. Pathstone Family Office LLC lifted its stake in shares of iShares Russell 1000 ETF by 2,233.8% during the 3rd quarter. Pathstone Family Office LLC now owns 1,170,028 shares of the company’s stock worth $274,904,000 after purchasing an additional 1,119,893 shares during the last quarter. Comerica Bank purchased a new stake in iShares Russell 1000 ETF in the third quarter valued at about $168,447,000. Finally, TIAA Trust National Association purchased a new stake in iShares Russell 1000 ETF in the third quarter valued at about $166,212,000.

iShares Russell 1000 ETF Price Performance

iShares Russell 1000 ETF stock traded down $0.07 during midday trading on Friday, reaching $288.03. The company’s stock had a trading volume of 858,035 shares, compared to its average volume of 759,505. The stock’s 50-day simple moving average is $276.78 and its 200-day simple moving average is $257.20. iShares Russell 1000 ETF has a 52-week low of $219.10 and a 52-week high of $288.75. The stock has a market capitalization of $36.46 billion, a P/E ratio of 17.92 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.