iShares Russell 1000 ETF (NYSEARCA:IWB) Shares Sold by JMG Financial Group Ltd.

JMG Financial Group Ltd. lowered its holdings in iShares Russell 1000 ETF (NYSEARCA:IWB) by 0.4% in the fourth quarter, Holdings Channel.com reports. The fund owned 41,395 shares of the company’s stock after selling 185 shares during the quarter. iShares Russell 1000 ETF makes up 0.5% of JMG Financial Group Ltd.’s investment portfolio, making the stock its 22nd largest position. JMG Financial Group Ltd.’s holdings in iShares Russell 1000 ETF were worth $13,336,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of IWB. Clarkston Capital Partners LLC purchased a new stake in shares of iShares Russell 1000 ETF during the 3rd quarter worth approximately $32,000. Archer Investment Corp purchased a new stake in iShares Russell 1000 ETF during the third quarter worth $37,000. Crews Bank & Trust purchased a new stake in iShares Russell 1000 ETF during the fourth quarter worth $37,000. Golden State Wealth Management LLC acquired a new stake in iShares Russell 1000 ETF in the fourth quarter valued at $37,000. Finally, Kestra Investment Management LLC purchased a new position in shares of iShares Russell 1000 ETF in the fourth quarter valued at $39,000.

iShares Russell 1000 ETF Stock Down 0.5 %

iShares Russell 1000 ETF stock opened at $335.77 on Friday. The firm has a market capitalization of $41.22 billion, a PE ratio of 24.68 and a beta of 1.01. iShares Russell 1000 ETF has a 52 week low of $271.54 and a 52 week high of $337.76. The firm’s 50-day simple moving average is $329.52 and its 200 day simple moving average is $319.81.

iShares Russell 1000 ETF 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.