James J. Burns & Company LLC Sells 719 Shares of iShares Russell 1000 ETF (NYSEARCA:IWB)

James J. Burns & Company LLC lowered its stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 11.8% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,360 shares of the company’s stock after selling 719 shares during the quarter. James J. Burns & Company LLC’s holdings in iShares Russell 1000 ETF were worth $1,727,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Cypress Wealth Services LLC grew its stake in iShares Russell 1000 ETF by 0.7% in the 3rd quarter. Cypress Wealth Services LLC now owns 4,960 shares of the company’s stock valued at $1,559,000 after buying an additional 33 shares during the last quarter. Traynor Capital Management Inc. grew its position in shares of iShares Russell 1000 ETF by 4.1% in the fourth quarter. Traynor Capital Management Inc. now owns 862 shares of the company’s stock valued at $278,000 after purchasing an additional 34 shares during the last quarter. Evensky & Katz LLC grew its position in shares of iShares Russell 1000 ETF by 0.3% in the third quarter. Evensky & Katz LLC now owns 10,201 shares of the company’s stock valued at $3,207,000 after purchasing an additional 35 shares during the last quarter. Lansing Street Advisors increased its stake in shares of iShares Russell 1000 ETF by 0.3% in the third quarter. Lansing Street Advisors now owns 10,144 shares of the company’s stock worth $3,189,000 after purchasing an additional 35 shares during the period. Finally, Riverpoint Wealth Management Holdings LLC lifted its position in shares of iShares Russell 1000 ETF by 0.3% during the 3rd quarter. Riverpoint Wealth Management Holdings LLC now owns 10,720 shares of the company’s stock worth $3,370,000 after purchasing an additional 36 shares during the last quarter.

iShares Russell 1000 ETF Stock Down 0.7 %

IWB opened at $329.86 on Tuesday. iShares Russell 1000 ETF has a 12-month low of $269.24 and a 12-month high of $336.61. The firm has a market capitalization of $40.49 billion, a P/E ratio of 24.68 and a beta of 1.01. The stock’s 50 day moving average price is $329.23 and its two-hundred day moving average price is $316.74.

iShares Russell 1000 ETF Profile

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.