iShares Russell 1000 ETF (NYSEARCA:IWB) Shares Sold by Deroy & Devereaux Private Investment Counsel Inc.

Deroy & Devereaux Private Investment Counsel Inc. lessened its position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 3.1% in the 4th quarter, HoldingsChannel reports. The fund owned 2,540 shares of the company’s stock after selling 82 shares during the period. Deroy & Devereaux Private Investment Counsel Inc.’s holdings in iShares Russell 1000 ETF were worth $818,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of IWB. Sound Income Strategies LLC increased its holdings in shares of iShares Russell 1000 ETF by 239.3% in the 3rd quarter. Sound Income Strategies LLC now owns 95 shares of the company’s stock valued at $30,000 after acquiring an additional 67 shares during the last quarter. Winch Advisory Services LLC purchased a new stake in shares of iShares Russell 1000 ETF during the 3rd quarter worth approximately $30,000. Clarkston Capital Partners LLC acquired a new position in shares of iShares Russell 1000 ETF in the 3rd quarter valued at $32,000. Archer Investment Corp purchased a new position in shares of iShares Russell 1000 ETF in the 3rd quarter valued at $37,000. Finally, Crews Bank & Trust acquired a new stake in iShares Russell 1000 ETF during the 4th quarter worth $37,000.

iShares Russell 1000 ETF Stock Performance

Shares of IWB stock opened at $332.16 on Friday. iShares Russell 1000 ETF has a 1 year low of $265.70 and a 1 year high of $336.61. The firm has a market cap of $40.77 billion, a price-to-earnings ratio of 24.68 and a beta of 1.01. The stock’s 50-day moving average is $329.23 and its two-hundred day moving average is $316.61.

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.