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% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 11,790 shares of the company’s stock after selling 287 shares during the quarter. iShares Russell 1000 ETF comprises about 1.6% of Horizon Investment Services LLC’s investment portfolio, making the stock its 22nd biggest position. Horizon Investment Services LLC’s holdings in iShares Russell 1000 ETF were worth $3,799,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the business. Orion Portfolio Solutions LLC raised its stake in shares of iShares Russell 1000 ETF by 27.6% in the 4th quarter. Orion Portfolio Solutions LLC now owns 67,690 shares of the company’s stock valued at $21,807,000 after acquiring an additional 14,657 shares in the last quarter. Frazier Financial Advisors LLC raised its position in shares of iShares Russell 1000 ETF by 120.3% in the fourth quarter. Frazier Financial Advisors LLC now owns 661 shares of the company’s stock valued at $214,000 after purchasing an additional 361 shares during the period. AssuredPartners Investment Advisors LLC acquired a new stake in shares of iShares Russell 1000 ETF in the fourth quarter worth $430,000. JPMorgan Chase & Co. boosted its holdings in shares of iShares Russell 1000 ETF by 6.4% during the 4th quarter. JPMorgan Chase & Co. now owns 1,264,126 shares of the company’s stock worth $407,251,000 after buying an additional 76,556 shares during the period. Finally, Foundation Wealth Management LLC PA acquired a new position in iShares Russell 1000 ETF in the 4th quarter valued at $2,223,000.

iShares Russell 1000 ETF Stock Performance

Shares of NYSEARCA:IWB opened at $305.03 on Friday. The stock’s 50-day moving average is $323.87 and its 200-day moving average is $322.55. The company has a market cap of $36.50 billion, a P/E 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.

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.