iShares Russell 1000 ETF (NYSEARCA:IWB) Shares Sold by Acorn Financial Advisory Services Inc. ADV

Acorn Financial Advisory Services Inc. ADV lessened its holdings in iShares Russell 1000 ETF (NYSEARCA:IWB) by 5.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 749 shares of the company’s stock after selling 44 shares during the quarter. Acorn Financial Advisory Services Inc. ADV’s holdings in iShares Russell 1000 ETF were worth $235,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in IWB. Etesian Wealth Advisors Inc. raised its stake in shares of 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 valued at $390,000 after purchasing 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 valued at about $597,000. Cambridge Trust Co. lifted its holdings in shares of iShares Russell 1000 ETF by 29.7% during the 1st quarter. Cambridge Trust Co. now owns 1,760 shares of the company’s stock valued at $507,000 after buying an additional 403 shares during the last quarter. Morton Capital Management LLC CA lifted its holdings in iShares Russell 1000 ETF by 0.9% in the 3rd quarter. Morton Capital Management LLC CA now owns 5,065 shares of the company’s stock worth $1,592,000 after purchasing an additional 43 shares during the last quarter. Finally, Citizens Financial Group Inc. RI lifted its holdings in shares of 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 buying an additional 625 shares during the last quarter.

iShares Russell 1000 ETF Stock Performance

Shares of NYSEARCA:IWB traded up $1.50 on Friday, hitting $329.09. 361,308 shares of the company were exchanged, compared to its average volume of 799,007. The company’s 50 day moving average price is $313.28 and its two-hundred day moving average price is $301.24. iShares Russell 1000 ETF has a one year low of $237.52 and a one year high of $329.77. The firm has a market capitalization of $40.40 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.