Northside Capital Management LLC Sells 449 Shares of iShares Russell 1000 ETF (NYSEARCA:IWB)

Northside Capital Management LLC reduced its holdings in iShares Russell 1000 ETF (NYSEARCA:IWB) by 22.5% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,546 shares of the company’s stock after selling 449 shares during the quarter. Northside Capital Management LLC’s holdings in iShares Russell 1000 ETF were worth $498,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of the business. Sound Income Strategies LLC lifted its position in iShares Russell 1000 ETF by 239.3% in the 3rd quarter. Sound Income Strategies LLC now owns 95 shares of the company’s stock valued at $30,000 after acquiring an additional 67 shares in the last quarter. Winch Advisory Services LLC acquired a new stake in shares of iShares Russell 1000 ETF in the 3rd quarter valued at about $30,000. Clarkston Capital Partners LLC bought a new stake in shares of iShares Russell 1000 ETF in the third quarter valued at about $32,000. Archer Investment Corp acquired a new position in shares of iShares Russell 1000 ETF during the third quarter worth about $37,000. Finally, Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of iShares Russell 1000 ETF during the fourth quarter worth about $51,000.

iShares Russell 1000 ETF Stock Performance

NYSEARCA IWB opened at $326.65 on Thursday. iShares Russell 1000 ETF has a 52 week low of $258.68 and a 52 week high of $336.18. The stock’s 50 day moving average price is $327.99 and its two-hundred day moving average price is $314.19. The stock has a market capitalization of $40.10 billion, a price-to-earnings ratio of 24.68 and a beta of 1.01.

About iShares Russell 1000 ETF

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.