HUB Investment Partners LLC Has $2.18 Million Stock Holdings in iShares Russell 1000 ETF (NYSEARCA:IWB)

HUB Investment Partners LLC cut its stake in iShares Russell 1000 ETF (NYSEARCA:IWB) by 4.3% during the fourth quarter, HoldingsChannel reports. The fund owned 6,757 shares of the company’s stock after selling 300 shares during the quarter. HUB Investment Partners LLC’s holdings in iShares Russell 1000 ETF were worth $2,177,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of IWB. Crews Bank & Trust acquired a new position in iShares Russell 1000 ETF during the fourth quarter worth $37,000. Golden State Wealth Management LLC bought a new stake in shares of iShares Russell 1000 ETF in the fourth quarter valued at about $37,000. Centricity Wealth Management LLC bought a new stake in shares of iShares Russell 1000 ETF in the fourth quarter valued at about $39,000. Kestra Investment Management LLC bought a new stake in shares of iShares Russell 1000 ETF in the fourth quarter valued at about $39,000. Finally, Roxbury Financial LLC bought a new stake in shares of iShares Russell 1000 ETF in the fourth quarter valued at about $46,000.

iShares Russell 1000 ETF Stock Performance

NYSEARCA IWB opened at $309.75 on Friday. The stock has a market cap of $37.06 billion, a PE ratio of 24.45 and a beta of 1.03. iShares Russell 1000 ETF has a twelve month low of $271.54 and a twelve month high of $337.76. The firm has a 50-day simple moving average of $325.31 and a 200 day simple moving average of $322.13.

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.