Chartist Inc. CA Lowers Stake in iShares Russell 1000 ETF (NYSEARCA:IWB)

Chartist Inc. CA decreased its position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 1.2% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 52,311 shares of the company’s stock after selling 651 shares during the quarter. iShares Russell 1000 ETF makes up 11.7% of Chartist Inc. CA’s investment portfolio, making the stock its 3rd largest position. Chartist Inc. CA’s holdings in iShares Russell 1000 ETF were worth $16,852,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in IWB. Millstone Evans Group LLC purchased a new stake in shares of iShares Russell 1000 ETF during the 4th quarter valued at approximately $29,000. Crews Bank & Trust purchased a new stake in shares of iShares Russell 1000 ETF during the fourth quarter worth $37,000. Golden State Wealth Management LLC bought a new position in shares of iShares Russell 1000 ETF in the fourth quarter worth $37,000. Centricity Wealth Management LLC purchased a new position in shares of iShares Russell 1000 ETF in the fourth quarter valued at $39,000. Finally, Kestra Investment Management LLC bought a new stake in shares of iShares Russell 1000 ETF during the 4th quarter valued at $39,000.

iShares Russell 1000 ETF Stock Performance

Shares of IWB opened at $305.03 on Friday. iShares Russell 1000 ETF has a 52-week low of $271.54 and a 52-week high of $337.76. The stock’s 50-day simple moving average is $323.87 and its 200 day simple moving average is $322.71. The stock 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 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.