Nadler Financial Group Inc. Lowers Stake in iShares Russell 1000 ETF (NYSEARCA:IWB)

Nadler Financial Group Inc. lessened its stake in iShares Russell 1000 ETF (NYSEARCA:IWB) by 7.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 15,193 shares of the company’s stock after selling 1,220 shares during the period. iShares Russell 1000 ETF accounts for about 0.5% of Nadler Financial Group Inc.’s portfolio, making the stock its 26th largest position. Nadler Financial Group Inc.’s holdings in iShares Russell 1000 ETF were worth $3,985,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in IWB. Mascoma Wealth Management LLC purchased a new position in iShares Russell 1000 ETF during the 4th quarter worth $25,000. Cullen Frost Bankers Inc. bought a new stake in shares of iShares Russell 1000 ETF in the 3rd quarter valued at about $28,000. Baystate Wealth Management LLC lifted its position in shares of iShares Russell 1000 ETF by 70.8% in the 4th quarter. Baystate Wealth Management LLC now owns 123 shares of the company’s stock worth $32,000 after purchasing an additional 51 shares during the period. Stonebridge Capital Advisors LLC raised its stake in iShares Russell 1000 ETF by 113.0% in the third quarter. Stonebridge Capital Advisors LLC now owns 196 shares of the company’s stock worth $46,000 after buying an additional 104 shares in the last quarter. Finally, Eukles Asset Management lifted its holdings in iShares Russell 1000 ETF by 54.7% during the third quarter. Eukles Asset Management now owns 263 shares of the company’s stock worth $62,000 after buying an additional 93 shares during the period.

iShares Russell 1000 ETF Trading Up 1.0 %

Shares of NYSEARCA:IWB traded up $2.82 on Friday, reaching $279.62. The company had a trading volume of 241,753 shares, compared to its average volume of 717,356. iShares Russell 1000 ETF has a 52-week low of $221.31 and a 52-week high of $288.75. The firm’s 50 day simple moving average is $281.37 and its 200-day simple moving average is $263.22. The firm has a market capitalization of $34.44 billion, a PE ratio of 25.11 and a beta of 1.01.

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.