Lee Danner & Bass Inc. Has $2.04 Million Position in iShares Russell 1000 ETF (NYSEARCA:IWB)

Lee Danner & Bass Inc. lessened its stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 11.8% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 6,345 shares of the company’s stock after selling 850 shares during the period. Lee Danner & Bass Inc.’s holdings in iShares Russell 1000 ETF were worth $2,044,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of IWB. Crews Bank & Trust bought a new stake in iShares Russell 1000 ETF during the 4th quarter valued at $37,000. Golden State Wealth Management LLC bought a new stake in iShares Russell 1000 ETF during the 4th quarter valued at $37,000. Centricity Wealth Management LLC bought a new stake in iShares Russell 1000 ETF during the 4th quarter valued at $39,000. Kestra Investment Management LLC bought a new stake in iShares Russell 1000 ETF during the 4th quarter valued at $39,000. Finally, Roxbury Financial LLC bought a new stake in iShares Russell 1000 ETF during the 4th quarter valued at $46,000.

iShares Russell 1000 ETF Trading Down 0.2 %

Shares of IWB stock opened at $309.75 on Friday. The firm has a market capitalization of $37.06 billion, a PE ratio of 24.45 and a beta of 1.03. The firm has a fifty day simple moving average of $325.31 and a two-hundred day simple moving average of $322.13. iShares Russell 1000 ETF has a 12 month low of $271.54 and a 12 month high of $337.76.

iShares Russell 1000 ETF Company 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.