iShares Russell 1000 ETF $IWB Shares Sold by Monument Capital Management

Monument Capital Management cut its holdings in iShares Russell 1000 ETF (NYSEARCA:IWB) by 7.2% in the third quarter, HoldingsChannel reports. The firm owned 18,881 shares of the company’s stock after selling 1,466 shares during the period. iShares Russell 1000 ETF accounts for approximately 1.7% of Monument Capital Management’s portfolio, making the stock its 7th biggest holding. Monument Capital Management’s holdings in iShares Russell 1000 ETF were worth $6,900,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Patriot Financial Group Insurance Agency LLC lifted its position in shares of iShares Russell 1000 ETF by 1.6% in the third quarter. Patriot Financial Group Insurance Agency LLC now owns 1,878 shares of the company’s stock worth $686,000 after buying an additional 29 shares during the last quarter. Matrix Asset Advisors Inc. NY raised its stake in shares of iShares Russell 1000 ETF by 4.0% in the 3rd quarter. Matrix Asset Advisors Inc. NY now owns 751 shares of the company’s stock valued at $275,000 after acquiring an additional 29 shares in the last quarter. Greenleaf Trust lifted its holdings in iShares Russell 1000 ETF by 1.0% in the 2nd quarter. Greenleaf Trust now owns 2,969 shares of the company’s stock worth $1,008,000 after purchasing an additional 30 shares during the last quarter. GM Advisory Group LLC boosted its position in iShares Russell 1000 ETF by 0.3% during the second quarter. GM Advisory Group LLC now owns 11,948 shares of the company’s stock worth $4,057,000 after purchasing an additional 30 shares during the period. Finally, Cherrydale Wealth Management LLC boosted its position in iShares Russell 1000 ETF by 0.3% during the third quarter. Cherrydale Wealth Management LLC now owns 11,879 shares of the company’s stock worth $4,341,000 after purchasing an additional 32 shares during the period.

iShares Russell 1000 ETF Stock Up 0.7%

NYSEARCA:IWB opened at $375.53 on Tuesday. The company’s 50 day moving average is $370.41 and its 200-day moving average is $356.96. iShares Russell 1000 ETF has a 12 month low of $264.17 and a 12 month high of $378.00. The firm has a market cap of $45.21 billion, a price-to-earnings ratio of 24.71 and a beta of 1.01.

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.