Single Point Partners LLC Has $16.22 Million Position in iShares Russell 1000 ETF (NYSEARCA:IWB)

Single Point Partners LLC reduced its position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 2.2% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 52,887 shares of the company’s stock after selling 1,174 shares during the period. iShares Russell 1000 ETF accounts for approximately 3.2% of Single Point Partners LLC’s portfolio, making the stock its 6th largest position. Single Point Partners LLC’s holdings in iShares Russell 1000 ETF were worth $16,223,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the business. Redwood Park Advisors LLC purchased a new stake in shares of iShares Russell 1000 ETF in the 4th quarter worth about $27,000. Millstone Evans Group LLC bought a new position in iShares Russell 1000 ETF in the fourth quarter worth about $29,000. Fourth Dimension Wealth LLC purchased a new stake in iShares Russell 1000 ETF in the fourth quarter worth about $36,000. Golden State Wealth Management LLC bought a new stake in iShares Russell 1000 ETF during the 4th quarter valued at approximately $37,000. Finally, Centricity Wealth Management LLC purchased a new position in shares of iShares Russell 1000 ETF during the 4th quarter worth approximately $39,000.

iShares Russell 1000 ETF Stock Performance

Shares of NYSEARCA:IWB opened at $329.47 on Monday. The firm has a market capitalization of $40.18 billion, a P/E ratio of 24.42 and a beta of 1.02. The stock has a 50 day moving average price of $307.17 and a 200-day moving average price of $319.08. iShares Russell 1000 ETF has a 52-week low of $264.17 and a 52-week high of $337.76.

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.