iShares Russell 1000 ETF $IWB Shares Sold by SCS Capital Management LLC

SCS Capital Management LLC lessened its holdings in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 4.6% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 49,136 shares of the company’s stock after selling 2,393 shares during the quarter. SCS Capital Management LLC’s holdings in iShares Russell 1000 ETF were worth $18,349,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in IWB. Founders Financial Securities LLC purchased a new stake in shares of iShares Russell 1000 ETF during the fourth quarter worth approximately $564,000. Riverpoint Wealth Management Holdings LLC increased its stake in shares of iShares Russell 1000 ETF by 0.9% during the fourth quarter. Riverpoint Wealth Management Holdings LLC now owns 7,641 shares of the company’s stock worth $2,853,000 after buying an additional 69 shares during the period. BNP Paribas Financial Markets increased its stake in shares of iShares Russell 1000 ETF by 0.7% during the fourth quarter. BNP Paribas Financial Markets now owns 184,997 shares of the company’s stock worth $69,085,000 after buying an additional 1,324 shares during the period. Zhang Financial LLC increased its stake in shares of iShares Russell 1000 ETF by 1.4% during the fourth quarter. Zhang Financial LLC now owns 6,423 shares of the company’s stock worth $2,399,000 after buying an additional 89 shares during the period. Finally, Moors & Cabot Inc. increased its stake in shares of iShares Russell 1000 ETF by 9.6% during the fourth quarter. Moors & Cabot Inc. now owns 687 shares of the company’s stock worth $257,000 after buying an additional 60 shares during the period.

iShares Russell 1000 ETF Stock Performance

IWB stock opened at $412.91 on Monday. The company’s 50 day moving average price is $384.38 and its 200 day moving average price is $377.74. iShares Russell 1000 ETF has a fifty-two week low of $320.46 and a fifty-two week high of $413.52. The firm has a market capitalization of $48.58 billion, a price-to-earnings ratio of 24.71 and a beta of 1.00.

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.