Marks Group Wealth Management Inc Sells 145 Shares of iShares Russell 1000 ETF (NYSEARCA:IWB)

Marks Group Wealth Management Inc lowered its holdings in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 7.8% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,708 shares of the company’s stock after selling 145 shares during the quarter. Marks Group Wealth Management Inc’s holdings in iShares Russell 1000 ETF were worth $550,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in IWB. Winch Advisory Services LLC purchased a new position in iShares Russell 1000 ETF during the third quarter valued at $30,000. Clarkston Capital Partners LLC bought a new position in shares of iShares Russell 1000 ETF in the third quarter worth about $32,000. Archer Investment Corp purchased a new position in shares of iShares Russell 1000 ETF during the 3rd quarter valued at about $37,000. Crews Bank & Trust bought a new position in shares of iShares Russell 1000 ETF during the 4th quarter valued at approximately $37,000. Finally, Golden State Wealth Management LLC purchased a new stake in iShares Russell 1000 ETF in the 4th quarter worth approximately $37,000.

iShares Russell 1000 ETF Trading Down 0.3 %

NYSEARCA IWB opened at $332.43 on Thursday. The stock has a market cap of $40.81 billion, a price-to-earnings ratio of 24.68 and a beta of 1.01. iShares Russell 1000 ETF has a 12 month low of $269.98 and a 12 month high of $336.61. The company’s 50 day moving average is $329.37 and its two-hundred day moving average is $318.35.

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.