Anchor Capital Advisors LLC Cuts Stock Position in iShares Russell 1000 ETF (NYSEARCA:IWB)

Anchor Capital Advisors LLC cut its stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 9.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 16,767 shares of the company’s stock after selling 1,659 shares during the quarter. Anchor Capital Advisors LLC’s holdings in iShares Russell 1000 ETF were worth $5,402,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of IWB. QRG Capital Management Inc. lifted its position in iShares Russell 1000 ETF by 661.8% in the fourth quarter. QRG Capital Management Inc. now owns 21,391 shares of the company’s stock valued at $6,891,000 after purchasing an additional 18,583 shares during the period. Proficio Capital Partners LLC raised its stake in shares of iShares Russell 1000 ETF by 32,116.0% during the 4th quarter. Proficio Capital Partners LLC now owns 480,018 shares of the company’s stock worth $154,643,000 after buying an additional 478,528 shares in the last quarter. Oppenheimer & Co. Inc. lifted its holdings in shares of iShares Russell 1000 ETF by 1.6% in the 4th quarter. Oppenheimer & Co. Inc. now owns 3,957 shares of the company’s stock valued at $1,275,000 after buying an additional 63 shares during the period. Kovack Advisors Inc. boosted its stake in shares of iShares Russell 1000 ETF by 0.8% in the fourth quarter. Kovack Advisors Inc. now owns 7,942 shares of the company’s stock valued at $2,559,000 after buying an additional 60 shares in the last quarter. Finally, MKD Wealth Coaches LLC acquired a new position in iShares Russell 1000 ETF during the fourth quarter worth $3,664,000.

iShares Russell 1000 ETF Stock Performance

NYSEARCA:IWB opened at $326.39 on Friday. iShares Russell 1000 ETF has a 1 year low of $271.54 and a 1 year high of $337.76. The stock has a fifty day moving average price of $329.40 and a two-hundred day moving average price of $321.52. The stock has a market capitalization of $38.74 billion, a price-to-earnings ratio of 26.23 and a beta of 1.03.

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.