Boston Financial Mangement LLC Cuts Stock Holdings in iShares Russell 1000 ETF (NYSEARCA:IWB)

Boston Financial Mangement LLC decreased its position in iShares Russell 1000 ETF (NYSEARCA:IWB) by 6.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 58,391 shares of the company’s stock after selling 3,719 shares during the quarter. Boston Financial Mangement LLC’s holdings in iShares Russell 1000 ETF were worth $18,811,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Clarkston Capital Partners LLC bought a new stake in iShares Russell 1000 ETF during the third quarter worth $32,000. Archer Investment Corp bought a new position in iShares Russell 1000 ETF in the 3rd quarter valued at $37,000. Crews Bank & Trust purchased a new stake in shares of iShares Russell 1000 ETF during the 4th quarter valued at $37,000. Golden State Wealth Management LLC bought a new stake in shares of iShares Russell 1000 ETF during the 4th quarter worth $37,000. Finally, Kestra Investment Management LLC purchased a new position in shares of iShares Russell 1000 ETF in the 4th quarter worth about $39,000.

iShares Russell 1000 ETF Stock Performance

IWB opened at $337.54 on Thursday. iShares Russell 1000 ETF has a fifty-two week low of $271.54 and a fifty-two week high of $337.76. The firm has a 50-day moving average of $329.47 and a 200 day moving average of $319.68. The firm has a market cap of $41.43 billion, a P/E ratio of 24.68 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.