Beacon Financial Group Has $2.72 Million Stock Holdings in iShares Russell 1000 ETF (NYSEARCA:IWB)

Beacon Financial Group lowered its holdings in iShares Russell 1000 ETF (NYSEARCA:IWB) by 6.5% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 8,444 shares of the company’s stock after selling 591 shares during the period. Beacon Financial Group’s holdings in iShares Russell 1000 ETF were worth $2,720,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Sound Income Strategies LLC increased 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 during the period. Winch Advisory Services LLC acquired a new stake in shares of iShares Russell 1000 ETF in the third quarter valued at about $30,000. Clarkston Capital Partners LLC bought a new position in shares of iShares Russell 1000 ETF during the third quarter worth about $32,000. Archer Investment Corp bought a new stake in iShares Russell 1000 ETF in the third quarter valued at approximately $37,000. Finally, Crews Bank & Trust bought a new position in iShares Russell 1000 ETF during the 4th quarter worth approximately $37,000.

iShares Russell 1000 ETF Stock Down 0.0 %

Shares of NYSEARCA:IWB opened at $333.59 on Wednesday. The stock’s 50 day moving average is $329.36 and its 200-day moving average is $318.10. iShares Russell 1000 ETF has a twelve month low of $269.98 and a twelve month high of $336.61. The firm has a market capitalization of $40.95 billion, a price-to-earnings ratio of 24.68 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.