iShares Russell 1000 ETF (NYSEARCA:IWB) Shares Sold by McNamara Financial Services Inc.

McNamara Financial Services Inc. lowered its stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 6.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 7,429 shares of the company’s stock after selling 483 shares during the period. iShares Russell 1000 ETF makes up approximately 0.6% of McNamara Financial Services Inc.’s portfolio, making the stock its 18th biggest holding. McNamara Financial Services Inc.’s holdings in iShares Russell 1000 ETF were worth $2,393,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in IWB. LPL Financial LLC raised its position in shares of iShares Russell 1000 ETF by 2.2% in the 3rd quarter. LPL Financial LLC now owns 2,394,007 shares of the company’s stock worth $752,652,000 after buying an additional 52,616 shares during the period. Pathstone Holdings LLC raised its holdings in shares of iShares Russell 1000 ETF by 0.4% in the 3rd quarter. Pathstone Holdings LLC now owns 1,147,674 shares of the company’s stock worth $360,544,000 after purchasing an additional 4,412 shares during the period. Healthcare of Ontario Pension Plan Trust Fund lifted its stake in shares of iShares Russell 1000 ETF by 398.0% in the 3rd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 996,000 shares of the company’s stock valued at $313,132,000 after purchasing an additional 796,000 shares in the last quarter. CHURCHILL MANAGEMENT Corp lifted its stake in shares of iShares Russell 1000 ETF by 5.8% in the 4th quarter. CHURCHILL MANAGEMENT Corp now owns 790,933 shares of the company’s stock valued at $254,807,000 after purchasing an additional 43,432 shares in the last quarter. Finally, Cerity Partners LLC grew its holdings in shares of iShares Russell 1000 ETF by 3.1% during the 3rd quarter. Cerity Partners LLC now owns 685,829 shares of the company’s stock worth $215,618,000 after purchasing an additional 20,924 shares during the period.

iShares Russell 1000 ETF Stock Performance

NYSEARCA IWB opened at $332.16 on Monday. The firm has a market capitalization of $40.77 billion, a price-to-earnings ratio of 24.68 and a beta of 1.01. iShares Russell 1000 ETF has a one year low of $265.70 and a one year high of $336.61. The company’s 50 day moving average price is $329.23 and its 200 day moving average price is $316.74.

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.