Sunbelt Securities Inc. Trims Stock Position in iShares Russell 1000 ETF (NYSEARCA:IWB)

Sunbelt Securities Inc. trimmed its holdings in iShares Russell 1000 ETF (NYSEARCA:IWB) by 8.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,515 shares of the company’s stock after selling 144 shares during the quarter. Sunbelt Securities Inc.’s holdings in iShares Russell 1000 ETF were worth $476,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in IWB. Transcendent Capital Group LLC lifted its holdings in shares of iShares Russell 1000 ETF by 76.4% in the 2nd 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 holdings in iShares Russell 1000 ETF by 239.3% in the third quarter. Sound Income Strategies LLC now owns 95 shares of the company’s stock valued at $30,000 after acquiring an additional 67 shares during the period. Winch Advisory Services LLC purchased a new stake in iShares Russell 1000 ETF in the 3rd quarter worth approximately $30,000. Clarkston Capital Partners LLC acquired a new stake in shares of iShares Russell 1000 ETF during the 3rd quarter worth approximately $32,000. Finally, Rosenberg Matthew Hamilton increased its holdings in shares of iShares Russell 1000 ETF by 176.7% during the 2nd quarter. Rosenberg Matthew Hamilton now owns 119 shares of the company’s stock valued at $35,000 after purchasing an additional 76 shares in the last quarter.

iShares Russell 1000 ETF Price Performance

IWB opened at $333.17 on Friday. The firm has a fifty day moving average price of $323.56 and a 200 day moving average price of $308.72. iShares Russell 1000 ETF has a 1 year low of $255.30 and a 1 year high of $336.18. The stock has a market cap of $40.90 billion, a P/E ratio of 24.68 and a beta of 1.01.

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.