Moss Adams Wealth Advisors LLC Sells 397 Shares of iShares Russell 1000 ETF (NYSEARCA:IWB)

Moss Adams Wealth Advisors LLC trimmed its stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 37.4% in the fourth quarter, Holdings Channel.com reports. The firm owned 665 shares of the company’s stock after selling 397 shares during the quarter. Moss Adams Wealth Advisors LLC’s holdings in iShares Russell 1000 ETF were worth $214,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. Etesian Wealth Advisors Inc. raised its holdings in iShares Russell 1000 ETF by 32.0% in the 3rd quarter. Etesian Wealth Advisors Inc. now owns 1,241 shares of the company’s stock valued at $390,000 after buying an additional 301 shares during the last quarter. Mechanics Bank Trust Department acquired a new position in iShares Russell 1000 ETF during the 3rd quarter worth about $597,000. Morton Capital Management LLC CA grew its position in shares of iShares Russell 1000 ETF by 0.9% in the 3rd quarter. Morton Capital Management LLC CA now owns 5,065 shares of the company’s stock valued at $1,592,000 after buying an additional 43 shares during the last quarter. First Citizens Bank & Trust Co. raised its position in shares of iShares Russell 1000 ETF by 125.2% during the third quarter. First Citizens Bank & Trust Co. now owns 11,686 shares of the company’s stock worth $3,674,000 after acquiring an additional 6,497 shares during the last quarter. Finally, TSA Wealth Managment LLC lifted its stake in shares of iShares Russell 1000 ETF by 3.8% in the third quarter. TSA Wealth Managment LLC now owns 3,561 shares of the company’s stock worth $1,120,000 after acquiring an additional 129 shares during the period.

iShares Russell 1000 ETF Price Performance

Shares of IWB stock opened at $329.39 on Monday. iShares Russell 1000 ETF has a one year low of $260.02 and a one year high of $336.18. The business’s 50 day simple moving average is $328.00 and its 200 day simple moving average is $314.68. The stock has a market capitalization of $40.43 billion, a PE 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.