Beacon Harbor Wealth Advisors Inc. Sells 120 Shares of iShares Russell 1000 ETF (NYSEARCA:IWB)

Beacon Harbor Wealth Advisors Inc. trimmed its stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 12.5% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 843 shares of the company’s stock after selling 120 shares during the quarter. Beacon Harbor Wealth Advisors Inc.’s holdings in iShares Russell 1000 ETF were worth $221,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Mascoma Wealth Management LLC bought a new position in iShares Russell 1000 ETF in the 4th quarter worth about $25,000. Cullen Frost Bankers Inc. bought a new position in iShares Russell 1000 ETF in the 3rd quarter worth about $28,000. Baystate Wealth Management LLC increased its stake in iShares Russell 1000 ETF by 70.8% in the 4th quarter. Baystate Wealth Management LLC now owns 123 shares of the company’s stock worth $32,000 after acquiring an additional 51 shares during the last quarter. Stonebridge Capital Advisors LLC increased its stake in iShares Russell 1000 ETF by 113.0% in the 3rd quarter. Stonebridge Capital Advisors LLC now owns 196 shares of the company’s stock worth $46,000 after acquiring an additional 104 shares during the last quarter. Finally, Eukles Asset Management increased its stake in iShares Russell 1000 ETF by 54.7% in the 3rd quarter. Eukles Asset Management now owns 263 shares of the company’s stock worth $62,000 after acquiring an additional 93 shares during the last quarter.

iShares Russell 1000 ETF Price Performance

NYSEARCA IWB traded up $2.16 during trading on Thursday, reaching $277.34. The company’s stock had a trading volume of 367,924 shares, compared to its average volume of 721,610. The stock has a market capitalization of $34.04 billion, a PE ratio of 24.68 and a beta of 1.01. The firm has a fifty day moving average of $281.64 and a 200 day moving average of $264.50. iShares Russell 1000 ETF has a one year low of $221.31 and a one year high of $288.75.

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.