Great Valley Advisor Group Inc. Sells 449 Shares of iShares Russell 1000 ETF (NYSEARCA:IWB)

Great Valley Advisor Group Inc. reduced its stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 3.2% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 13,763 shares of the company’s stock after selling 449 shares during the period. Great Valley Advisor Group Inc.’s holdings in iShares Russell 1000 ETF were worth $4,327,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of IWB. Etesian Wealth Advisors Inc. grew its stake in iShares Russell 1000 ETF by 32.0% during the third quarter. Etesian Wealth Advisors Inc. now owns 1,241 shares of the company’s stock worth $390,000 after buying an additional 301 shares in the last quarter. Mechanics Bank Trust Department acquired a new stake in shares of iShares Russell 1000 ETF during the 3rd quarter worth approximately $597,000. Cambridge Trust Co. increased its stake in iShares Russell 1000 ETF by 29.7% in the first quarter. Cambridge Trust Co. now owns 1,760 shares of the company’s stock valued at $507,000 after acquiring an additional 403 shares during the last quarter. Morton Capital Management LLC CA raised its position in iShares Russell 1000 ETF by 0.9% during the third quarter. Morton Capital Management LLC CA now owns 5,065 shares of the company’s stock valued at $1,592,000 after purchasing an additional 43 shares in the last quarter. Finally, Citizens Financial Group Inc. RI lifted its stake in iShares Russell 1000 ETF by 20.5% during the first quarter. Citizens Financial Group Inc. RI now owns 3,678 shares of the company’s stock worth $1,059,000 after purchasing an additional 625 shares during the last quarter.

iShares Russell 1000 ETF Stock Performance

Shares of IWB stock opened at $328.90 on Friday. iShares Russell 1000 ETF has a fifty-two week low of $248.88 and a fifty-two week high of $330.43. The stock’s fifty day moving average price is $318.08 and its two-hundred day moving average price is $304.71. The company has a market cap of $40.37 billion, a PE ratio of 24.68 and a beta of 1.01.

iShares Russell 1000 ETF 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.