Horizon Investment Services LLC Sells 287 Shares of iShares Russell 1000 ETF (NYSEARCA:IWB)

Horizon Investment Services LLC lowered its holdings in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 2.4% in the fourth quarter, HoldingsChannel reports. The firm owned 11,790 shares of the company’s stock after selling 287 shares during the period. iShares Russell 1000 ETF makes up 1.6% of Horizon Investment Services LLC’s portfolio, making the stock its 22nd largest position. Horizon Investment Services LLC’s holdings in iShares Russell 1000 ETF were worth $3,799,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the business. Millstone Evans Group LLC acquired a new position in shares of iShares Russell 1000 ETF during the 4th quarter worth approximately $29,000. Crews Bank & Trust bought a new position in iShares Russell 1000 ETF during the fourth quarter worth $37,000. Golden State Wealth Management LLC acquired a new position in shares of iShares Russell 1000 ETF in the fourth quarter valued at $37,000. Centricity Wealth Management LLC bought a new position in shares of iShares Russell 1000 ETF in the fourth quarter valued at about $39,000. Finally, Kestra Investment Management LLC acquired a new stake in shares of iShares Russell 1000 ETF during the 4th quarter worth about $39,000.

iShares Russell 1000 ETF Stock Performance

Shares of IWB stock opened at $305.03 on Friday. The company has a market capitalization of $36.50 billion, a price-to-earnings ratio of 24.45 and a beta of 1.03. iShares Russell 1000 ETF has a 52 week low of $271.54 and a 52 week high of $337.76. The company has a 50-day simple moving average of $323.87 and a 200 day simple moving average of $322.55.

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.