iShares Russell 1000 ETF $IWB Shares Sold by Avestar Capital LLC

Avestar Capital LLC decreased its stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 15.9% during the third quarter, according to its most recent filing with the SEC. The institutional investor owned 16,438 shares of the company’s stock after selling 3,101 shares during the period. Avestar Capital LLC’s holdings in iShares Russell 1000 ETF were worth $6,840,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Fifth Third Bancorp boosted its position in iShares Russell 1000 ETF by 145.7% during the 1st quarter. Fifth Third Bancorp now owns 849,980 shares of the company’s stock valued at $303,069,000 after acquiring an additional 504,045 shares in the last quarter. Bank of America Corp DE lifted its stake in iShares Russell 1000 ETF by 4.9% in the first quarter. Bank of America Corp DE now owns 5,155,585 shares of the company’s stock worth $1,838,275,000 after acquiring an additional 240,695 shares during the period. WASHINGTON TRUST Co bought a new position in shares of iShares Russell 1000 ETF in the 3rd quarter worth $76,632,000. Catalyst Capital Advisors LLC increased its position in shares of iShares Russell 1000 ETF by 12.2% during the first quarter. Catalyst Capital Advisors LLC now owns 1,641,733 shares of the company’s stock worth $585,376,000 after purchasing an additional 179,128 shares in the last quarter. Finally, McKinley Carter Wealth Services Inc. purchased a new stake in iShares Russell 1000 ETF in the third quarter valued at approximately $67,403,000.

iShares Russell 1000 ETF Stock Down 1.8%

NYSEARCA:IWB opened at $413.05 on Friday. iShares Russell 1000 ETF has a 52 week low of $345.21 and a 52 week high of $427.04. The stock has a market capitalization of $48.12 billion, a price-to-earnings ratio of 24.71 and a beta of 1.00. The stock’s fifty day moving average is $419.39 and its two-hundred day moving average is $398.60.

iShares Russell 1000 ETF Company 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.