Edgestream Partners L.P. Trims Holdings in iShares Russell 1000 ETF (NYSEARCA:IWB)

Edgestream Partners L.P. lowered its position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 37.4% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,597 shares of the company’s stock after selling 955 shares during the quarter. Edgestream Partners L.P.’s holdings in iShares Russell 1000 ETF were worth $502,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the company. Transcendent Capital Group LLC lifted its stake in shares of iShares Russell 1000 ETF by 76.4% during the 2nd quarter. Transcendent Capital Group LLC now owns 97 shares of the company’s stock valued at $29,000 after buying an additional 42 shares in the last quarter. Sound Income Strategies LLC boosted its stake in shares of iShares Russell 1000 ETF by 239.3% in the third quarter. Sound Income Strategies LLC now owns 95 shares of the company’s stock worth $30,000 after acquiring an additional 67 shares during the period. Winch Advisory Services LLC purchased a new stake in shares of iShares Russell 1000 ETF during the third quarter worth about $30,000. Clarkston Capital Partners LLC bought a new stake in iShares Russell 1000 ETF during the 3rd quarter valued at approximately $32,000. Finally, Rosenberg Matthew Hamilton lifted its holdings in iShares Russell 1000 ETF by 176.7% in the 2nd quarter. Rosenberg Matthew Hamilton now owns 119 shares of the company’s stock worth $35,000 after purchasing an additional 76 shares in the last quarter.

iShares Russell 1000 ETF Price Performance

Shares of IWB opened at $334.86 on Friday. The firm has a market cap of $41.10 billion, a P/E ratio of 24.68 and a beta of 1.01. iShares Russell 1000 ETF has a 1 year low of $250.07 and a 1 year high of $335.98. The company has a 50 day simple moving average of $321.85 and a two-hundred day simple moving average of $307.39.

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.