M Holdings Securities Inc. Decreases Holdings in iShares Russell 1000 ETF $IWB

M Holdings Securities Inc. cut its stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 27.9% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 12,236 shares of the company’s stock after selling 4,746 shares during the period. M Holdings Securities Inc.’s holdings in iShares Russell 1000 ETF were worth $3,753,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the stock. Watts Gwilliam & Co. LLC purchased a new stake in shares of iShares Russell 1000 ETF in the 1st quarter worth $203,000. Northern Trust Corp boosted its holdings in shares of iShares Russell 1000 ETF by 1.3% during the 1st quarter. Northern Trust Corp now owns 2,717,504 shares of the company’s stock valued at $833,567,000 after purchasing an additional 36,000 shares during the last quarter. Brooklyn Investment Group bought a new position in shares of iShares Russell 1000 ETF in the 1st quarter valued at about $33,000. Freestone Capital Holdings LLC lifted its holdings in shares of iShares Russell 1000 ETF by 5.6% in the 1st quarter. Freestone Capital Holdings LLC now owns 12,064 shares of the company’s stock valued at $3,700,000 after acquiring an additional 639 shares during the last quarter. Finally, 17 Capital Partners LLC lifted its holdings in shares of iShares Russell 1000 ETF by 4.8% in the 1st quarter. 17 Capital Partners LLC now owns 4,596 shares of the company’s stock valued at $1,410,000 after acquiring an additional 210 shares during the last quarter.

iShares Russell 1000 ETF Price Performance

Shares of NYSEARCA IWB opened at $353.25 on Monday. The company has a market cap of $43.04 billion, a P/E ratio of 24.71 and a beta of 1.01. iShares Russell 1000 ETF has a 1 year low of $264.17 and a 1 year high of $354.83. The firm has a 50-day simple moving average of $341.47 and a two-hundred day simple moving average of $323.38.

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.