Advance Capital Management Inc. Sells 208 Shares of iShares Russell 1000 ETF (NYSEARCA:IWB)

Advance Capital Management Inc. reduced its stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 0.6% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 35,372 shares of the company’s stock after selling 208 shares during the period. iShares Russell 1000 ETF accounts for approximately 0.5% of Advance Capital Management Inc.’s investment portfolio, making the stock its 16th biggest position. Advance Capital Management Inc.’s holdings in iShares Russell 1000 ETF were worth $11,395,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of IWB. B. Riley Wealth Advisors Inc. raised its stake in iShares Russell 1000 ETF by 2.3% during the third quarter. B. Riley Wealth Advisors Inc. now owns 18,719 shares of the company’s stock worth $5,853,000 after buying an additional 426 shares during the last quarter. Synovus Financial Corp raised its position in shares of iShares Russell 1000 ETF by 11.0% in the 3rd quarter. Synovus Financial Corp now owns 1,771 shares of the company’s stock worth $557,000 after acquiring an additional 176 shares in the last quarter. Tidal Investments LLC lifted its stake in shares of iShares Russell 1000 ETF by 37.4% in the 3rd quarter. Tidal Investments LLC now owns 2,644 shares of the company’s stock valued at $831,000 after purchasing an additional 719 shares during the period. Wilmington Savings Fund Society FSB boosted its position in shares of iShares Russell 1000 ETF by 1,020.3% during the 3rd quarter. Wilmington Savings Fund Society FSB now owns 85,645 shares of the company’s stock valued at $26,926,000 after purchasing an additional 78,000 shares in the last quarter. Finally, Broadview Financial Management LLC grew its stake in iShares Russell 1000 ETF by 18.6% during the third quarter. Broadview Financial Management LLC now owns 8,391 shares of the company’s stock worth $2,638,000 after purchasing an additional 1,314 shares during the period.

iShares Russell 1000 ETF Trading Up 0.6 %

IWB stock traded up $1.89 during mid-day trading on Monday, reaching $327.62. The company’s stock had a trading volume of 997,701 shares, compared to its average volume of 845,237. The company has a market cap of $40.22 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 $258.10 and a 12 month high of $336.18. The business’s 50 day moving average price is $326.99 and its 200 day moving average price is $312.95.

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.