Avity Investment Management Inc. Reduces Stock Position in iShares Russell 1000 ETF $IWB

Avity Investment Management Inc. trimmed its holdings in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 59.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,113 shares of the company’s stock after selling 1,650 shares during the quarter. Avity Investment Management Inc.’s holdings in iShares Russell 1000 ETF were worth $416,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the business. CoreCap Advisors LLC boosted its holdings in iShares Russell 1000 ETF by 8.2% during the 4th quarter. CoreCap Advisors LLC now owns 517 shares of the company’s stock valued at $193,000 after acquiring an additional 39 shares during the period. Parsons Capital Management Inc. RI increased its position in shares of iShares Russell 1000 ETF by 5.8% during the fourth quarter. Parsons Capital Management Inc. RI now owns 12,350 shares of the company’s stock worth $4,612,000 after acquiring an additional 677 shares during the period. Kelly Financial Services LLC raised its stake in shares of iShares Russell 1000 ETF by 4.5% during the fourth quarter. Kelly Financial Services LLC now owns 844 shares of the company’s stock valued at $315,000 after acquiring an additional 36 shares in the last quarter. Mayflower Financial Advisors LLC boosted its holdings in shares of iShares Russell 1000 ETF by 5.7% in the fourth quarter. Mayflower Financial Advisors LLC now owns 7,107 shares of the company’s stock valued at $2,654,000 after purchasing an additional 385 shares during the period. Finally, Stableford Capital II LLC bought a new position in shares of iShares Russell 1000 ETF during the 4th quarter worth $463,000.

iShares Russell 1000 ETF Price Performance

NYSEARCA:IWB opened at $347.95 on Friday. iShares Russell 1000 ETF has a 1-year low of $264.17 and a 1-year high of $382.34. The company has a 50-day moving average of $372.25 and a 200 day moving average of $370.93. The firm has a market cap of $42.95 billion, a PE ratio of 24.71 and a beta of 1.01.

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.