iShares Russell 1000 ETF (NYSEARCA:IWB) Shares Sold by Verum Partners LLC

Verum Partners LLC lowered its stake in iShares Russell 1000 ETF (NYSEARCA:IWB) by 38.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,713 shares of the company’s stock after selling 1,068 shares during the quarter. Verum Partners LLC’s holdings in iShares Russell 1000 ETF were worth $449,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Cullen Frost Bankers Inc. bought a new position in shares of iShares Russell 1000 ETF in the third quarter valued at approximately $28,000. Patriot Investment Management Group Inc. acquired a new position in shares of iShares Russell 1000 ETF during the 4th quarter valued at $28,000. Robinson Capital Management LLC bought a new stake in shares of iShares Russell 1000 ETF in the 1st quarter worth $31,000. City Holding Co. bought a new position in iShares Russell 1000 ETF during the third quarter valued at about $34,000. Finally, Farmers & Merchants Trust Co of Chambersburg PA acquired a new position in iShares Russell 1000 ETF during the third quarter worth about $34,000.

iShares Russell 1000 ETF Stock Performance

NYSEARCA IWB traded up $2.76 on Wednesday, reaching $288.10. The company’s stock had a trading volume of 570,123 shares, compared to its average volume of 757,864. iShares Russell 1000 ETF has a twelve month low of $216.32 and a twelve month high of $288.40. The firm’s 50 day moving average is $276.21 and its two-hundred day moving average is $256.98. The stock has a market cap of $36.47 billion, a PE ratio of 17.92 and a beta of 1.01.

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.