Modera Wealth Management LLC Sells 920 Shares of iShares Russell 1000 ETF (NYSEARCA:IWB)

Modera Wealth Management LLC cut its holdings in iShares Russell 1000 ETF (NYSEARCA:IWB) by 1.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 66,853 shares of the company’s stock after selling 920 shares during the period. Modera Wealth Management LLC’s holdings in iShares Russell 1000 ETF were worth $21,537,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in IWB. Allspring Global Investments Holdings LLC grew its stake in iShares Russell 1000 ETF by 23.3% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 196 shares of the company’s stock worth $62,000 after acquiring an additional 37 shares in the last quarter. Campbell Wealth Management bought a new position in iShares Russell 1000 ETF in the 3rd quarter worth about $15,128,000. Capital Advisors Inc. OK grew its stake in iShares Russell 1000 ETF by 7.3% in the 3rd quarter. Capital Advisors Inc. OK now owns 914 shares of the company’s stock worth $287,000 after acquiring an additional 62 shares in the last quarter. Farther Finance Advisors LLC grew its stake in iShares Russell 1000 ETF by 25.2% in the 3rd quarter. Farther Finance Advisors LLC now owns 6,389 shares of the company’s stock worth $2,009,000 after acquiring an additional 1,287 shares in the last quarter. Finally, Fullcircle Wealth LLC grew its stake in iShares Russell 1000 ETF by 7.3% in the 3rd quarter. Fullcircle Wealth LLC now owns 748 shares of the company’s stock worth $238,000 after acquiring an additional 51 shares in the last quarter.

iShares Russell 1000 ETF Price Performance

Shares of IWB stock opened at $326.39 on Friday. The company has a market capitalization of $38.74 billion, a P/E ratio of 26.23 and a beta of 1.03. The company’s 50-day simple moving average is $329.40 and its two-hundred day simple moving average is $321.69. iShares Russell 1000 ETF has a one year low of $271.54 and a one year high of $337.76.

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.