Mill Creek Capital Advisors LLC Sells 1,261 Shares of iShares Russell 1000 ETF $IWB

Mill Creek Capital Advisors LLC reduced its stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 11.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,396 shares of the company’s stock after selling 1,261 shares during the quarter. Mill Creek Capital Advisors LLC’s holdings in iShares Russell 1000 ETF were worth $3,509,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the stock. Nicolet Advisory Services LLC grew its stake in shares of iShares Russell 1000 ETF by 91.1% during the fourth quarter. Nicolet Advisory Services LLC now owns 2,450 shares of the company’s stock valued at $934,000 after purchasing an additional 1,168 shares during the last quarter. Focus Partners Wealth grew its stake in shares of iShares Russell 1000 ETF by 12.4% during the fourth quarter. Focus Partners Wealth now owns 1,955,205 shares of the company’s stock valued at $730,139,000 after purchasing an additional 215,456 shares during the last quarter. Fort Point Capital Partners LLC grew its stake in shares of iShares Russell 1000 ETF by 3.7% during the fourth quarter. Fort Point Capital Partners LLC now owns 23,903 shares of the company’s stock valued at $9,076,000 after purchasing an additional 849 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund grew its stake in shares of iShares Russell 1000 ETF by 8.0% during the fourth quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 499,000 shares of the company’s stock valued at $186,347,000 after purchasing an additional 37,000 shares during the last quarter. Finally, Cornerstone Financial Management LLC bought a new stake in shares of iShares Russell 1000 ETF during the fourth quarter valued at approximately $1,042,000.

iShares Russell 1000 ETF Price Performance

IWB opened at $405.61 on Monday. iShares Russell 1000 ETF has a one year low of $325.31 and a one year high of $415.11. The company’s 50 day simple moving average is $394.63 and its 200-day simple moving average is $380.65. The stock has a market capitalization of $47.72 billion, a P/E ratio of 24.71 and a beta of 1.00.

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.