Captrust Financial Advisors Sells 3,636 Shares of iShares Russell 1000 ETF $IWB

Captrust Financial Advisors trimmed its position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 0.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,164,954 shares of the company’s stock after selling 3,636 shares during the period. iShares Russell 1000 ETF makes up approximately 0.8% of Captrust Financial Advisors’ holdings, making the stock its 24th largest holding. Captrust Financial Advisors owned approximately 0.94% of iShares Russell 1000 ETF worth $435,040,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Abound Financial LLC acquired a new stake in iShares Russell 1000 ETF during the fourth quarter valued at approximately $5,331,000. TritonPoint Partners LLC acquired a new stake in iShares Russell 1000 ETF during the fourth quarter valued at approximately $601,000. Trustees of Columbia University in the City of New York acquired a new stake in iShares Russell 1000 ETF during the fourth quarter valued at approximately $2,903,000. Portfolio Resources Advisor Group Inc. acquired a new stake in iShares Russell 1000 ETF during the fourth quarter valued at approximately $4,887,000. Finally, MML Investors Services LLC boosted its holdings in iShares Russell 1000 ETF by 4.8% during the fourth quarter. MML Investors Services LLC now owns 174,862 shares of the company’s stock valued at $65,301,000 after purchasing an additional 8,035 shares in the last quarter.

iShares Russell 1000 ETF Trading Down 0.6%

NYSEARCA IWB opened at $409.23 on Wednesday. The stock’s 50 day moving average is $396.66 and its two-hundred day moving average is $381.20. The company has a market capitalization of $48.15 billion, a price-to-earnings ratio of 24.71 and a beta of 1.00. iShares Russell 1000 ETF has a 1-year low of $325.31 and a 1-year high of $415.11.

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.