iShares Russell 1000 ETF (NYSEARCA:IWB) Shares Sold by Genesee Capital Advisors LLC

Genesee Capital Advisors LLC reduced its stake in iShares Russell 1000 ETF (NYSEARCA:IWB) by 14.0% in the 3rd quarter, Holdings Channel reports. The firm owned 8,647 shares of the company’s stock after selling 1,406 shares during the quarter. iShares Russell 1000 ETF accounts for approximately 1.3% of Genesee Capital Advisors LLC’s portfolio, making the stock its 14th biggest position. Genesee Capital Advisors LLC’s holdings in iShares Russell 1000 ETF were worth $2,719,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Calton & Associates Inc. acquired a new stake in shares of iShares Russell 1000 ETF during the third quarter valued at about $3,874,000. Allspring Global Investments Holdings LLC increased its holdings in iShares Russell 1000 ETF by 23.3% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 196 shares of the company’s stock worth $62,000 after purchasing an additional 37 shares during the last quarter. Pure Portfolios Holdings LLC purchased a new position in shares of iShares Russell 1000 ETF during the 3rd quarter valued at approximately $525,000. Werba Rubin Papier Wealth Management acquired a new stake in shares of iShares Russell 1000 ETF during the third quarter worth approximately $276,000. Finally, New Century Financial Group LLC increased its stake in shares of iShares Russell 1000 ETF by 17.6% in the third quarter. New Century Financial Group LLC now owns 1,029 shares of the company’s stock worth $324,000 after buying an additional 154 shares during the last quarter.

iShares Russell 1000 ETF Trading Down 0.3 %

IWB stock traded down $1.11 during mid-day trading on Monday, hitting $319.69. 390,114 shares of the company were exchanged, compared to its average volume of 802,960. The firm has a fifty day simple moving average of $308.81 and a 200 day simple moving average of $297.42. The company has a market capitalization of $39.24 billion, a PE ratio of 24.68 and a beta of 1.01. iShares Russell 1000 ETF has a twelve month low of $224.41 and a twelve month high of $321.24.

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.