Neumann Capital Management LLC Lowers Stock Position in iShares Russell 1000 ETF (NYSEARCA:IWB)

Neumann Capital Management LLC trimmed its position in iShares Russell 1000 ETF (NYSEARCA:IWB) by 0.8% in the 4th quarter, HoldingsChannel reports. The fund owned 4,013 shares of the company’s stock after selling 34 shares during the quarter. Neumann Capital Management LLC’s holdings in iShares Russell 1000 ETF were worth $1,293,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in IWB. Healthcare of Ontario Pension Plan Trust Fund boosted its position in shares of iShares Russell 1000 ETF by 398.0% in the third quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 996,000 shares of the company’s stock worth $313,132,000 after purchasing an additional 796,000 shares during the period. International Assets Investment Management LLC lifted its position in shares of iShares Russell 1000 ETF by 26,328.0% in the third quarter. International Assets Investment Management LLC now owns 605,201 shares of the company’s stock valued at $190,269,000 after acquiring an additional 602,911 shares in the last quarter. Millennium Management LLC boosted its stake in shares of iShares Russell 1000 ETF by 4,016.4% in the second quarter. Millennium Management LLC now owns 357,509 shares of the company’s stock worth $106,373,000 after acquiring an additional 348,824 shares during the period. Financial Advocates Investment Management purchased a new stake in shares of iShares Russell 1000 ETF during the third quarter worth about $28,903,000. Finally, Argent Capital Management LLC bought a new stake in iShares Russell 1000 ETF during the 4th quarter valued at approximately $27,324,000.

iShares Russell 1000 ETF Stock Performance

IWB opened at $336.01 on Friday. The stock has a market capitalization of $41.25 billion, a price-to-earnings ratio of 24.68 and a beta of 1.01. The company has a fifty day moving average of $328.18 and a 200 day moving average of $315.32. iShares Russell 1000 ETF has a fifty-two week low of $265.70 and a fifty-two week high of $336.18.

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.