Fiducient Advisors LLC Sells 20,876 Shares of iShares Russell 1000 ETF $IWB

Fiducient Advisors LLC reduced its position in iShares Russell 1000 ETF (NYSEARCA:IWB) by 51.1% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 19,995 shares of the company’s stock after selling 20,876 shares during the quarter. iShares Russell 1000 ETF makes up about 0.9% of Fiducient Advisors LLC’s portfolio, making the stock its 27th largest position. Fiducient Advisors LLC’s holdings in iShares Russell 1000 ETF were worth $7,467,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Optima Capital LLC bought a new stake in shares of iShares Russell 1000 ETF in the 4th quarter valued at $32,000. True Wealth Design LLC bought a new stake in shares of iShares Russell 1000 ETF in the 4th quarter valued at $32,000. Allspring Global Investments Holdings LLC boosted its stake in shares of iShares Russell 1000 ETF by 78.5% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 116 shares of the company’s stock valued at $43,000 after purchasing an additional 51 shares during the last quarter. Horizon Investments LLC bought a new stake in shares of iShares Russell 1000 ETF in the 4th quarter valued at $47,000. Finally, Foster Dykema Cabot & Partners LLC bought a new stake in shares of iShares Russell 1000 ETF in the 3rd quarter valued at $48,000.

iShares Russell 1000 ETF Stock Performance

NYSEARCA:IWB opened at $411.66 on Friday. The firm’s fifty day moving average is $383.35 and its 200-day moving average is $377.46. iShares Russell 1000 ETF has a 52 week low of $320.46 and a 52 week high of $412.04. The firm has a market cap of $48.43 billion, a P/E ratio of 24.71 and a beta of 1.00.

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.