Hillcrest Wealth Advisors NY LLC Cuts Stock Holdings in iShares Russell 1000 ETF (NYSEARCA:IWB)

Hillcrest Wealth Advisors NY LLC reduced its holdings in iShares Russell 1000 ETF (NYSEARCA:IWB) by 4.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 8,195 shares of the company’s stock after selling 350 shares during the period. iShares Russell 1000 ETF comprises 1.3% of Hillcrest Wealth Advisors NY LLC’s holdings, making the stock its 19th largest position. Hillcrest Wealth Advisors NY LLC’s holdings in iShares Russell 1000 ETF were worth $2,640,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in IWB. Renaissance Technologies LLC acquired a new stake in shares of iShares Russell 1000 ETF in the second quarter valued at about $6,219,000. XTX Topco Ltd acquired a new stake in shares of iShares Russell 1000 ETF in the second quarter worth approximately $303,000. Marshall Wace LLP purchased a new stake in shares of iShares Russell 1000 ETF during the second quarter worth approximately $2,556,000. Squarepoint Ops LLC acquired a new position in iShares Russell 1000 ETF in the 2nd quarter valued at $2,639,000. Finally, AQR Capital Management LLC boosted its stake in iShares Russell 1000 ETF by 17.6% during the 2nd quarter. AQR Capital Management LLC now owns 9,798 shares of the company’s stock worth $2,915,000 after purchasing an additional 1,463 shares during the last quarter.

iShares Russell 1000 ETF Stock Down 0.2 %

Shares of NYSEARCA IWB opened at $335.17 on Friday. The stock has a market capitalization of $41.14 billion, a price-to-earnings ratio of 24.68 and a beta of 1.01. iShares Russell 1000 ETF has a 52 week low of $265.70 and a 52 week high of $336.61. The firm has a 50-day simple moving average of $328.36 and a 200-day simple moving average of $315.46.

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.