NorthRock Partners LLC Sells 1,843 Shares of iShares Russell 1000 ETF (NYSEARCA:IWB)

by · The Cerbat Gem

NorthRock Partners LLC decreased its holdings in shares of iShares Russell 1000 ETF (NYSEARCA:IWB – Free Report) by 22.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,262 shares of the company’s stock after selling 1,843 shares during the quarter. NorthRock Partners LLC’s holdings in iShares Russell 1000 ETF were worth $1,969,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of IWB. LRI Investments LLC bought a new position in iShares Russell 1000 ETF in the first quarter worth about $27,000. Transcendent Capital Group LLC lifted its position in iShares Russell 1000 ETF by 76.4% during the second quarter. Transcendent Capital Group LLC now owns 97 shares of the company’s stock valued at $29,000 after buying an additional 42 shares during the period. Sound Income Strategies LLC lifted its position in iShares Russell 1000 ETF by 239.3% during the third quarter. Sound Income Strategies LLC now owns 95 shares of the company’s stock valued at $30,000 after buying an additional 67 shares during the period. Winch Advisory Services LLC purchased a new stake in iShares Russell 1000 ETF in the third quarter worth about $30,000. Finally, Rosenberg Matthew Hamilton boosted its position in shares of iShares Russell 1000 ETF by 176.7% in the 2nd quarter. Rosenberg Matthew Hamilton now owns 119 shares of the company’s stock worth $35,000 after purchasing an additional 76 shares in the last quarter.

iShares Russell 1000 ETF Stock Up 0.8 %

Shares of NYSEARCA:IWB traded up $2.43 on Tuesday, hitting $315.20. 60,189 shares of the company traded hands, compared to its average volume of 791,725. The stock has a 50 day simple moving average of $311.88 and a 200-day simple moving average of $300.19. iShares Russell 1000 ETF has a 52 week low of $237.52 and a 52 week high of $321.24. The company has a market cap of $38.69 billion, a PE ratio of 24.68 and a beta of 1.01.

About iShares Russell 1000 ETF

(Free Report)

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.

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