Pointe Capital Management LLC Sells 180 Shares of iShares Russell 1000 ETF (NYSEARCA:IWB)

Pointe Capital Management LLC decreased its holdings in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 12.2% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,297 shares of the company’s stock after selling 180 shares during the period. Pointe Capital Management LLC’s holdings in iShares Russell 1000 ETF were worth $340,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. International Assets Investment Management LLC increased its position in shares of iShares Russell 1000 ETF by 1.8% during the 4th quarter. International Assets Investment Management LLC now owns 2,290 shares of the company’s stock valued at $601,000 after purchasing an additional 40 shares during the last quarter. MONECO Advisors LLC raised its stake in shares of iShares Russell 1000 ETF by 1.9% during the fourth quarter. MONECO Advisors LLC now owns 2,160 shares of the company’s stock worth $566,000 after acquiring an additional 41 shares in the last quarter. Mycio Wealth Partners LLC lifted its holdings in shares of iShares Russell 1000 ETF by 0.6% in the 4th quarter. Mycio Wealth Partners LLC now owns 7,496 shares of the company’s stock worth $1,966,000 after acquiring an additional 42 shares during the last quarter. GPS Wealth Strategies Group LLC boosted its stake in shares of iShares Russell 1000 ETF by 1.4% in the 4th quarter. GPS Wealth Strategies Group LLC now owns 3,185 shares of the company’s stock valued at $835,000 after purchasing an additional 43 shares in the last quarter. Finally, O Shaughnessy Asset Management LLC grew its holdings in shares of iShares Russell 1000 ETF by 0.5% during the 3rd quarter. O Shaughnessy Asset Management LLC now owns 8,838 shares of the company’s stock valued at $2,076,000 after purchasing an additional 44 shares during the last quarter.

iShares Russell 1000 ETF Price Performance

iShares Russell 1000 ETF stock traded up $3.31 during mid-day trading on Friday, hitting $281.14. The company’s stock had a trading volume of 459,439 shares, compared to its average volume of 719,669. The business has a 50 day moving average price of $281.61 and a 200-day moving average price of $264.59. iShares Russell 1000 ETF has a 12 month low of $221.31 and a 12 month high of $288.75. The stock has a market cap of $34.51 billion, a price-to-earnings ratio of 24.68 and a beta of 1.01.

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.