Nvwm LLC reduced its stake in iShares Russell 1000 ETF (NYSEARCA:IWB) by 50.3% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 199 shares of the company’s stock after selling 201 shares during the period. Nvwm LLC’s holdings in iShares Russell 1000 ETF were worth $29,000 as of its most recent SEC filing.
A number of other hedge funds also recently made changes to their positions in the business. Sugarloaf Wealth Management LLC bought a new stake in shares of iShares Russell 1000 ETF in the fourth quarter worth about $28,000. FSA Wealth Management LLC bought a new stake in iShares Russell 1000 ETF in the 4th quarter worth approximately $32,000. ERTS Wealth Advisors LLC purchased a new stake in shares of iShares Russell 1000 ETF during the 4th quarter worth approximately $37,000. Carolina Wealth Advisors LLC bought a new position in shares of iShares Russell 1000 ETF during the 4th quarter valued at approximately $38,000. Finally, Wealth Quarterback LLC purchased a new position in shares of iShares Russell 1000 ETF in the fourth quarter valued at $38,000.
Shares of NYSEARCA:IWB traded down $0.39 on Friday, reaching $162.74. The company’s stock had a trading volume of 411,744 shares, compared to its average volume of 1,404,630. The company has a 50-day simple moving average of $153.94 and a 200 day simple moving average of $167.39. iShares Russell 1000 ETF has a 52-week low of $120.20 and a 52-week high of $188.47.
About iShares Russell 1000 ETF
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.
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