Litman Gregory Wealth Management LLC Cuts Stake in iShares Russell 1000 ETF (NYSEARCA:IWB)

Litman Gregory Wealth Management LLC decreased its holdings in iShares Russell 1000 ETF (NYSEARCA:IWB) by 1.1% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 25,736 shares of the company’s stock after selling 296 shares during the period. Litman Gregory Wealth Management LLC’s holdings in iShares Russell 1000 ETF were worth $6,750,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Mascoma Wealth Management LLC purchased a new stake in iShares Russell 1000 ETF during the 4th quarter valued at $25,000. Cullen Frost Bankers Inc. purchased a new stake in iShares Russell 1000 ETF during the 3rd quarter valued at $28,000. Baystate Wealth Management LLC raised its holdings in iShares Russell 1000 ETF by 70.8% in the 4th quarter. Baystate Wealth Management LLC now owns 123 shares of the company’s stock worth $32,000 after purchasing an additional 51 shares in the last quarter. Patriot Investment Management Group Inc. bought a new position in iShares Russell 1000 ETF in the 4th quarter worth $28,000. Finally, Robinson Capital Management LLC bought a new position in iShares Russell 1000 ETF in the 1st quarter worth $31,000.

iShares Russell 1000 ETF Trading Down 0.8 %

NYSEARCA IWB traded down $2.22 during trading on Friday, hitting $272.26. The company had a trading volume of 533,839 shares, compared to its average volume of 737,391. iShares Russell 1000 ETF has a one year low of $221.31 and a one year high of $288.75. The company has a market cap of $33.53 billion, a price-to-earnings ratio of 25.11 and a beta of 1.01. The company’s fifty day moving average is $281.20 and its 200-day moving average is $262.01.

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.