iShares Russell 1000 ETF (NYSEARCA:IWB) Stock Position Decreased by Pointe Capital Management LLC

Pointe Capital Management LLC decreased its position in iShares Russell 1000 ETF (NYSEARCA:IWB) by 12.2% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,297 shares of the company’s stock after selling 180 shares during the quarter. Pointe Capital Management LLC’s holdings in iShares Russell 1000 ETF were worth $340,000 as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. Pinnacle Associates Ltd. boosted its holdings in shares of iShares Russell 1000 ETF by 23.3% during the 3rd quarter. Pinnacle Associates Ltd. now owns 1,590 shares of the company’s stock worth $374,000 after buying an additional 300 shares during the period. Raymond James & Associates grew its position in shares of iShares Russell 1000 ETF by 3.3% in the third quarter. Raymond James & Associates now owns 176,685 shares of the company’s stock valued at $41,505,000 after purchasing an additional 5,607 shares during the last quarter. J.W. Cole Advisors Inc. increased its stake in shares of iShares Russell 1000 ETF by 4.5% in the third quarter. J.W. Cole Advisors Inc. now owns 1,758 shares of the company’s stock worth $413,000 after purchasing an additional 76 shares during the period. Segment Wealth Management LLC boosted its stake in iShares Russell 1000 ETF by 24.3% during the 3rd quarter. Segment Wealth Management LLC now owns 3,028 shares of the company’s stock valued at $711,000 after purchasing an additional 592 shares during the period. Finally, KMG Fiduciary Partners LLC grew its holdings in iShares Russell 1000 ETF by 5.5% in the 3rd quarter. KMG Fiduciary Partners LLC now owns 9,598 shares of the company’s stock valued at $2,255,000 after buying an additional 499 shares during the last quarter.

iShares Russell 1000 ETF Price Performance

Shares of NYSEARCA IWB traded up $3.31 during trading hours on Friday, reaching $281.14. The stock had a trading volume of 459,439 shares, compared to its average volume of 719,669. The company has a market cap of $34.51 billion, a price-to-earnings ratio of 24.68 and a beta of 1.01. iShares Russell 1000 ETF has a twelve month low of $221.31 and a twelve month high of $288.75. The business’s fifty day moving average is $281.61 and its two-hundred day moving average is $264.59.

iShares Russell 1000 ETF Company 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.