Shelton Wealth Management LLC Sells 300 Shares of iShares Russell 1000 ETF (NYSEARCA:IWB)

Shelton Wealth Management LLC reduced its stake in iShares Russell 1000 ETF (NYSEARCA:IWB) by 1.8% during the fourth quarter, HoldingsChannel reports. The firm owned 16,466 shares of the company’s stock after selling 300 shares during the quarter. iShares Russell 1000 ETF accounts for about 2.7% of Shelton Wealth Management LLC’s investment portfolio, making the stock its 8th largest holding. Shelton Wealth Management LLC’s holdings in iShares Russell 1000 ETF were worth $5,305,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in IWB. Healthcare of Ontario Pension Plan Trust Fund grew its holdings in shares of iShares Russell 1000 ETF by 398.0% during the third quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 996,000 shares of the company’s stock worth $313,132,000 after purchasing an additional 796,000 shares during the last quarter. International Assets Investment Management LLC lifted its stake in shares of iShares Russell 1000 ETF by 26,328.0% in the third quarter. International Assets Investment Management LLC now owns 605,201 shares of the company’s stock worth $190,269,000 after acquiring an additional 602,911 shares during the period. Millennium Management LLC boosted its holdings in iShares Russell 1000 ETF by 4,016.4% in the second quarter. Millennium Management LLC now owns 357,509 shares of the company’s stock valued at $106,373,000 after acquiring an additional 348,824 shares during the last quarter. Financial Advocates Investment Management acquired a new position in shares of iShares Russell 1000 ETF in the 3rd quarter worth approximately $28,903,000. Finally, Argent Capital Management LLC bought a new stake in shares of iShares Russell 1000 ETF in the 4th quarter valued at $27,324,000.

iShares Russell 1000 ETF Stock Up 1.0 %

IWB stock opened at $329.39 on Friday. iShares Russell 1000 ETF has a 12-month low of $260.02 and a 12-month high of $336.18. The company’s fifty day simple moving average is $327.99 and its 200 day simple moving average is $314.36. The firm has a market cap of $40.43 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.